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📅 July 3, 7:00 – July 9,
Let's follow the market trend again.
The morning pancake welcomed a wave of moderate Fan rebounds, oscillating upward from the low point of 107200, with the high point touching the key level of 108200 before being pressured back down; Ether surged from the line of 2470, with the high point probing up to the line of 2580.
The market, driven by sustained bullish momentum in the earlier phase, once strongly rebounded to near the upper Bollinger Band, but was halted by the pressure from above. Yesterday, the K-line closed with a significant long lower shadow on an entity bearish candle, indicating that the bearish forces in the market are gradually being released, entering a phase of adjustment.
Currently, Bitcoin's resistance is at the 110,000 level, and support is at the 100,000 level; Ethereum's short-term resistance is at the 2,600 level, and support is at the 2,300 level.