Bitcoin continues to perform strongly today, rising more than 2000 points from yesterday's low, currently reaching the 108,000 USD mark and further moving towards the 109,000 USD position. This rebound momentum is solid, showing a stepwise upward trend.



Although the current coin price trend remains strong, a significant pressure zone has formed near 109,000 dollars, leading to some grinding and slight pullbacks. Without major positive news and sufficient trading volume support, it may be difficult to achieve a substantial breakthrough in the short term, and it is expected to enter a top consolidation phase.

The recent overhead resistance levels for Bitcoin to watch include $109,200, $109,900, $110,300, $110,700, $111,300, and $112,000; the support levels below are at $108,000, $107,200, and $106,500.

On the Ethereum side, the price has also risen to around the resistance level of $2680 but has not managed to break through directly, beginning to enter a slight adjustment phase. In this rebound, Ethereum is expected to challenge the $2750 area, but investors need to be cautious of a potential pullback above $2700.

Personal analysis suggests that, with Bitcoin failing to break its historical high, Ethereum will find it difficult to surpass the previous high of $2880 this week. If Ethereum retraces to $2600 before breaking $2700 but does not fall below that position, it is still worth considering a low-position layout; however, if it breaks above $2700 and then falls back, it is not advisable to add new positions.

The key resistance levels to watch for Ethereum are $2680, $2730, $2780, and $2850; while the support levels are at $2650, $2600, $2550, and $2500.

The market may continue to maintain a strong volatile pattern in the short term. Investors should closely monitor the performance of key resistance levels and manage risks appropriately.
BTC1,26%
ETH1,05%
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hll2004vip
· 06-16 22:53
let's see what will happen
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