Bitcoin briefly rebounded last night, precisely touching the key resistance level of $106,000, and then faced selling pressure, fully confirming the suppression effect of the technical analysis. Considering that market trading activity generally decreases over the weekend, it is expected that BTC will maintain a limited fluctuation range in a consolidation pattern on the four-hour level.
Regarding Bitcoin operation suggestions: Currently, the main fluctuation range is limited between 104000-106000 USD, and investors may consider implementing a strategy of selling high and buying low within this range. The upward pressure is distributed at 106100 USD ( strong resistance of the day ), 107000 USD ( psychological integer barrier ), and 107800 USD ( short-term trend line resistance point ); downward support is located at 104100 USD ( support point of the day ), 102600 USD ( key moving average support ), and 101500 USD ( important support level on the weekly chart ).
Ethereum Trend Analysis: The short-term direction of Ethereum will be determined by the key price level of $2,540. If the hourly chart can effectively stand above $2540, you can focus on the near-term target ( of $2580 ) $2,610 ( medium-term resistance zone ) and $2,640 ( strong resistance level ); If the price falls below the $2,540 support, it is necessary to be vigilant against the intensification of adjustment risks, and the lower support levels are $2,500 ( integer psychological ), $2,460 ( technical support level ) and $2,420 ( important defensive level ). Investors are advised to closely monitor the breakout of these key levels and flexibly adjust their trading strategies and position allocation accordingly.
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Bitcoin briefly rebounded last night, precisely touching the key resistance level of $106,000, and then faced selling pressure, fully confirming the suppression effect of the technical analysis. Considering that market trading activity generally decreases over the weekend, it is expected that BTC will maintain a limited fluctuation range in a consolidation pattern on the four-hour level.
Regarding Bitcoin operation suggestions:
Currently, the main fluctuation range is limited between 104000-106000 USD, and investors may consider implementing a strategy of selling high and buying low within this range. The upward pressure is distributed at 106100 USD ( strong resistance of the day ), 107000 USD ( psychological integer barrier ), and 107800 USD ( short-term trend line resistance point ); downward support is located at 104100 USD ( support point of the day ), 102600 USD ( key moving average support ), and 101500 USD ( important support level on the weekly chart ).
Ethereum Trend Analysis:
The short-term direction of Ethereum will be determined by the key price level of $2,540. If the hourly chart can effectively stand above $2540, you can focus on the near-term target ( of $2580 ) $2,610 ( medium-term resistance zone ) and $2,640 ( strong resistance level ); If the price falls below the $2,540 support, it is necessary to be vigilant against the intensification of adjustment risks, and the lower support levels are $2,500 ( integer psychological ), $2,460 ( technical support level ) and $2,420 ( important defensive level ). Investors are advised to closely monitor the breakout of these key levels and flexibly adjust their trading strategies and position allocation accordingly.