Bitcoin and Ethereum have reached their peak and pulled back. Is there hope for a new high again this week?

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1 day ago

Walking a thousand paths, only one is suitable; meeting countless people, having just one is enough. Loneliness is merely a touch of solitude, while settling is torment. Being with me is your pride; how can you show off without me? Bringing you profits without warning is my instinctive reaction, not a secret. If you miss the person you most want to follow, you will become picky, while I won't treat the market carelessly if I miss anyone.

Today's mainstream coin trend analysis:

BTC After a slight rebound at the first support of 108000, it has once again broken down. It is important to watch whether it can stabilize above 108000 today. If it breaks down, pay attention to the daily middle track and the 4-hour lower track around 106600-106000. If the daily middle track is lost, it may further decline. Bulls need to avoid risks, with strong support below at 104500.

ETH Ethereum entered a local consolidation after a series of highs yesterday, following the market's pullback. It is still in a local correction, with a slight slowdown in pace. If there is a short-term pullback, continue to pay attention to the key position at 2680-2640.

Bitcoin operation suggestion: Enter long positions in batches at 106600-106000, targeting 108700-110000, with a stop loss at 105500.

Ethereum: Enter in batches at 2680-2640, targeting 2770, with a stop loss at 2620.

Due to real-time market changes, specific operations should follow Lao Xiao's actual trading. Remember to manage risks well!

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