BTC ETH morning analysis

Operation Suggestions
BTC: around 112000-111500, targeting near 114000; ETH: around 3950-3930, targeting near 4100. Reviewing the early morning, the trends of BTC and ETH have also been continuously declining, with the price of the coins pressured and falling back to the lower support level of 112500, where it provided support and resulted in a slight rebound. Currently, BTC is near 113000, and ETH is around 4000.
This pullback indeed exceeded expectations, primarily influenced by external macro factors and high leverage liquidations in the derivatives market. However, from the data, long-term holders have not panicked and sold off; it appears more like a healthy market reset rather than a crisis of confidence. The logic behind institutional capital entering the market mentioned earlier remains unchanged; it is just that short-term sentiment and leveraged positions have amplified volatility. Moving forward, attention can be focused on the support levels and their ability to hold.
From the four-hour level, after breaking the mid-track of the price comparison, it quickly rebounded and formed a closing needle. The volume of the long position has not shown significant release. This round of adjustment is merely a normal correction after a one-sided market, not a trend reversal signal. In conjunction with the hourly level, the market has gradually stabilized and formed a bottom divergence structure. In the short term, there shouldn't be much problem with the wave rebound, so in the morning, we can choose to low-dive when the opportunity arises. #ETH链上活动升温 #比特币行情分析