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BTC: The daily chart for Bitcoin has already broken below the strong support area of the EMa55 daily moving average. In the short term, it is highly likely to test the level around 110,000. Moreover, institutions like BlackRock have started selling Bitcoin, and the short-term performance of Bitcoin is very weak. Pay attention to the strong support area around 108,000 below and the resistance area around 113,000 above.
ETH: After breaking the historical high in the early morning, the price quickly experienced a decline and retracement. However, the ETH/BTC exchange rate remains relatively strong, with no significant level of correction. Currently, it is in a middle position, so pay attention to the strong support area around 4,300 below.
For more explanations, please patiently watch the video. If you have any questions, you can follow the public account: Ding Junxian.
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