The support at 69222 held, and now we're starting to rebound. Bitcoin's core focus right now is whether it can climb back into the previous oscillation range. If it can solidly hold above 70400, then breaking through the 71505 resistance level is just a matter of time. Once we break through 71505, this will form a standard W-bottom reversal pattern, and then 72189 to 72826 will be the next target levels.



But if it can't hold 70400, then we'll have to go back and test the support at 69222. Currently, Bitcoin is just ranging between 71505 and 69222, repeatedly consolidating. Only by breaking through both ends will we see a true directional trend.

For Ethereum to rally now, it first needs to break through the 2167 to 2179 resistance zone in one go to look toward 2202 nearby. If it fails to break through, it will likely just oscillate between 2147 to 2105.

The 2105 level below is the last line of defense. As long as we don't break below here, we can maintain consolidation. Once we effectively break below 2105, we need to consider testing support at 2051 or even 2035.

Operations: $BTC Bitcoin 69220-69650 long, target 70840, break above to look at 72600, stop loss 68600

$ETH Ethereum 2110-2135 long, target 2175, break above to look at 2210, stop loss 2090!

Overall, the current market is "topped above, bottomed below"—in this range, sell high and buy low with proper stop losses as the key.
BTC0,42%
ETH0,86%
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