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At midnight, BTC dipped to 99547, which is our target level of 99600, and was unable to dip further. Instead, it rebounded from the bottom, and the current price has risen to 106000 under pressure, facing the resistance of this high point, and is in a phase of consolidation. Although the rebound has a significant range, exceeding 6000 points, it has not broken through further. Ether has developed in sync, and after pumping, it is under pressure at the 2450 level.
From the current trend, on the daily chart, BTC has broken through the 106000 level and will face resistance around 106500, which is the pressure of the middle track. Therefore, we can pay attention to this position; if it breaks through, we can consider chasing long positions. However, currently, around and below 106000 remains a quality entry point for shorts. In terms of operations, we still recommend flexibly adjusting based on the smaller timeframe structure, with a focus on short-term high short corrections.
BTC can short at 105900-106500, target around 104000. Ether short at 2430-2450, target around 2360 #BTC# #ETH#