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Latest Ideas on 11.7
Yesterday, the market maintained a narrow range of fluctuations, and during the early hours, there was a sudden sharp drop in prices, with Bitcoin briefly dipping to the key support level of 100200. It then quickly rebounded to around 102300. Subsequently, a second retest did not refresh the low point from earlier, and the current price is consolidating around the vicinity of 101000.
The 100,000 integer level has been tested twice without effectively breaking down, with strong buying support below, making the continuation of the bullish trend likely. In the hourly chart, after multiple bearish candles retracing, the losses were quickly recovered. After breaking the lower boundary, a trend extension was not formed, and the bottom stabilization signals are becoming clearer. The bottom structure has been confirmed, and it is recommended to buy on the retracement.
Buy Bitcoin around 100500–101000, aiming for 102500, 103500.
Buy near 3230–3280 for Ethereum, targeting 3380 and 3450.