Bitcoin and Ethereum recent market trend insights

The market has been oscillating due to conflicting news. One side is bullish, but shortly after, bearish news emerges, causing serious disagreement between bulls and bears. The Bitcoin price around 70,000 has been repeatedly tested by the bulls. During the day, there probably won't be much volatility; wait until tonight to enter at a better point. Note that next week is the monthly close, and the days leading up to the monthly close are often volatile. Since today is Friday, you might consider placing orders further away from the current price. Recently, US stocks have also been very weak, with little rebound strength. Since US stocks are doing poorly, it's good that Bitcoin hasn't dropped much.

Back to Bitcoin, this week Bitcoin has been testing resistance around 71,500 to 72,000. Multiple attempts to break through have failed, and each failed breakout has resulted in a significant pullback. Last night, there was a decline, and now it’s hovering around 68,200, holding support. It’s best if this level can hold during the day and over the weekend. A breakout above 72,000 is quite possible moving forward.
Bitcoin intraday resistance levels are around 70,200 and 71,800.
Support levels are around 68,200 and 67,300.

Ethereum faced resistance at 2,200 and has failed to break through multiple times. It attracted a lot of bulls around 2,160 to 2,170. Last night, Ethereum reached near 2,030, which was also a key point in this rally. Long positions are appropriate at this level, with stop-losses to be set if it breaks below.
Ethereum intraday resistance levels are around 2,120 and 2,200.
Support levels are around 2,030 and 1,930.