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BTC touched a high of 714k yesterday and is experiencing intraday oscillation at elevated levels. At the bottom, we provided support at 69k, which led to a rebound this morning after testing that level. Similarly, ETH also tested around the 2100 level and found effective support there. This level has a minor support point; if broken down, we'll then watch the 2040-60 range for support. Overall, this aligns with expectations! Comparing with gold, BTC's rebound is moving somewhat in line with gold at the moment. Currently, the overall rebound can be described as oscillating at high levels within a range, with no significant increase in volume observed.
BTC tested the 69k area this morning and received effective rebound support. On the daily level, it's in a rebound phase, and on the four-hour level, it's moving in a small step rebound. The key resistance zone to watch intraday is the 715-72k range. If it breaks through this level effectively, it will directly target the 725-735k zone, which is also where it touches weekly resistance—a position where we can take profits. The key support level at the bottom to watch is the 69-685k range.
ETH also tested and found support at the 2100 level this morning, and is currently showing weak performance with a lack of strong rebound momentum. The key focus remains on the 2180-2230 range where selling pressure is relatively strong, and the weekly level is also near the 2230 level. The strategy remains unchanged—currently bearish at highs. Watch the minor support level at the bottom around 2100; if broken, we'll then observe the 2040-60 range.