BTC

Bitcoin has finally reached the level of 112,000 that we mentioned. Now it is another watershed for bulls and bears. Last night, a four-hour rebound was initiated. Over the past few days, we've been discussing that as long as it does not drop below the zero axis, it will start a four-hour level rebound towards the zero axis. After the stretch last night, the current market has a need for a pullback in both the 15-minute and 1-hour charts. Therefore, during the day, it will mainly oscillate. After the oscillation, we need to pay close attention to whether the 15-minute and 1-hour levels at 111,800 can be effectively broken through. If it cannot be effectively pierced, there will be a slight pullback at this level. After the daily oscillation, it will make another attempt to rise, with support below at 110,000-109,600.

ETH
Since the morning session, I have been mentioning to everyone that I may be more bullish on Ethereum and Solana in the second half of the year. I also mentioned to everyone that Ethereum is likely to initiate a rebound at the four-hour and daily levels. Currently, the bullish trend has not yet completed, but Ethereum is facing a very important resistance level at 2820. Only by breaking through this level can it open up upward space, and it will hover around the key level of 3100. The overall intraday idea will revolve around a range of 2800 to 2820, and after some consolidation, we will build up strength again. During the day, the main focus will be on consolidation, with support at 2726 to 2685 and resistance at 2820.