Interpretation of today's points of interest


Attention should be paid to the support level in the 113-114 area on the daily trading and daily charts for BTC. Let's see if the next few days will witness a drop to this area before we see support for a rebound. On the daily trading level, we should focus on the first resistance level at 116, while on the four-hour level, we should stabilize at the 116 level. On the daily level, we can focus directly on the range of 1175-1185. Today, we might observe a small rebound on the daily level, so attention should first be paid to the minor resistance level at 116.
At the daily level for ETH, the range of 4400-4500 is considered a defensive support line in this round, and it is currently at the lowest level of 4460, not yet fully reaching the level of 4400. The value range has been reached, but this level did not coincide with a major movement of Bitcoin, as the lowest level for Bitcoin is at 1143, and there has not been a complete downward movement, so attention should be paid to the defensive position below. The resistance point can be tracked at the daily level in the range of 4580-4620. A small rebound can be observed at the daily level, focusing on the strength of the rebound. In the next two days, attention should be paid to defending the support; overall, the trend remains bullish.
BTC-1.31%
ETH-2.77%
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