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BTC: The daily line has re-established support above the EMA 15-day moving average. In the short term, the rebound is quite strong, with a key resistance level around 107,000. This position is a critical pressure area of the downward trend line. If the daily line can stabilize above this level, there will be expectations for a significant rebound. The key support below is at 104,000; as long as it does not break below this level, there will not be a major correction.
ETH: The rebound is relatively strong, having tested the 2480 level multiple times without breaking below, forming a strong support area at the bottom. In the short term, it is expected to return to an upward trend, with a minor pressure area around 2680.
For more explanations, please watch the video patiently. If you have any questions, you can follow the public account: Ding Junxian.
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