Ethereum Analysis:

After continuous upward movement, Ethereum has now entered a corrective phase. Short-term retracement is still needed, and it is expected to remain calm within this range for some time. After retracing to 3375 yesterday, it rebounded to the 3450 level, indicating strong support between 3420-3380 below. In the near term, it can still rely on this support level to continue upward. Therefore, the main strategy for today is still to consider long positions without any issues.

Entry timing reference: support level at 3380-3420

Bitcoin Analysis:

After reaching 64000, Bitcoin is just a step away from its historical high. Compared to other currencies, Bitcoin's trend can be said to be leading, but breaking new records will inevitably require a process of accumulation. Bitcoin is currently in a high-level adjustment phase, as shown in the chart below, with prices continuously adjusting within a range. However, it can be noted that each retracement low is gradually rising, and the support level is also increasing, indicating strength.

Bitcoin is expected to rebound around the support level of 61200.

The choice is far greater than effort; destiny is only responsible for shuffling, and it is always ourselves who play the cards. Some people see opportunities and seize them, while others see traps and fear. Just like the current market situation, seizing opportunities is the most important.

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