midday BTC, Ether trend analysis

Brothers, good Monday! A new week begins, and BTC has some new movements. Last week, BTC started the second wave of the weekly level rise, surging from 981 to around 120000, and we haven't seen any clear top signals yet, with the bullish momentum strong. However, the market always has a need for corrections, and this week the two key support levels for BTC to watch are 114 and 1085, so everyone should pay special attention.

BTC

Today, we are focusing on the level of 119000. If the 1-2 hour level retraces without breaking 119000, then all timeframes are still under bullish control, and it is highly likely to continue pushing upwards, aiming for the previous high around 120000. However, if it retraces and breaks below 119000 today, then the 1-2 hour level may initiate a pullback, with support levels at 118200, 116860, and 115200, where there may be support near these levels.

ETH

The key point for Ether today is 2982. As long as the 1-2 hour level pullback does not break 2982, all periods remain bullish, with the potential for continued upward movement. The resistance levels above are 3040, 3092, and 3128 in order. However, if there is a pullback that breaks below 2982 today, the 1-2 hour level may initiate a correction, with support levels below at 2945, 2913, and 2872, where there may be support around these positions.