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BTC: Today, the price tested 107,000 again during the day and started to rebound; the support at this level still exists. However, from a daily perspective, it is currently a shrinking rebound, and the downward sentiment has been somewhat restrained. For a significant rebound to occur in the future, the price must stabilize above 112,000 with increased volume. The current structure is leaning towards a consolidation center, with resistance at 112,000 and support at 107,500.
ETH: 3,700 is a strong support area, and it rebounded from this position during the day. In the short term, there is a demand for a rebound, with resistance above at 3,950. If it stabilizes here, we can see the 4,050-4,100 area again in the future.
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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