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During the midnight period, the price of Bitcoin dipped to a low of 106212, before rebounding and approaching the 110000 mark. We had previously advised to set long orders in the 106000-107000 range, ultimately achieving a profit of over 2000 points; Ethereum also dipped, reaching a low of 3677 before starting to rebound, peaking at 3860, and our advised long orders in the 3650-3710 range also successfully yielded nearly 150 points in profit. Strength does not need to be discussed, past strategies can be verified at any time.
The current operation suggestions are as follows:
• Bitcoin (BTC): Focus on the key resistance level at the 111000 range above. If it fails to break through effectively, the market is likely to continue the downward trend. The operation should mainly focus on short orders, with an initial target looking towards 107000.
• Ethereum (ETH): In the short term, pay attention to the resistance range of 3850-3930. Only when the price effectively breaks through 3930 does it have the potential for a second upward momentum; if the breakthrough is unsuccessful, or if it maintains a downward oscillation, it is advisable to respond with a high short strategy, aiming for the first target at 3710.