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BTC: Over the weekend, influenced by expectations of interest rate cuts, Bitcoin experienced a 4-hour level rebound. On the daily chart, it is currently maintaining around the EMA 5-day moving average. However, this does not mean that the market is reversing; there are still many trapped positions around 92,000. If it cannot stabilize effectively here, it is impossible to confirm a right-side signal, so do not blindly chase the price at this position. The minor support is at 84,000, with resistance around 89,000.

ETH: During the day, after testing the key resistance at 2,900, it did not break through, so whether this position can break is crucial. In the short term, it is showing a pattern of rising and then falling back. The support below is around 2,710, and this position should not be effectively broken down.

For more explanations, please patiently watch the video. If you have any questions, you can follow the public account: Ding Junxian.

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