Bitcoin bulls and bears are competing for dominance, with very extreme movements, pulling back and forth. Pay attention to position management. From the overall structure, the 4-hour chart shows a volume increase near the moving averages, forming a bullish engulfing pattern. The larger timeframe is temporarily in a bullish victory. Watch whether it can break through 71,500 to form an N-shaped breakout structure. Support levels: 69,600, 68,300. Resistance levels: 71,600, 73,400.

Ethereum's trend is weaker compared to Bitcoin, with resistance at 2,080. On the 30-minute chart, a bullish moving average pattern has formed, supported by a long lower shadow and key K-line. Short-term bullish, but the daily moving averages exert strong resistance. Currently, both bulls and bears are very conflicted. Watch for a breakout above 2,080; if it breaks through, it could accelerate upward easily. Support levels: 2,020, 1,990. Resistance levels: 2,080, 2,100.