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$BTC
{spot}(BTCUSDT)
A rise from 110K to 112K in 4 hours is considered a short covering, and after the rebound, there is still a downward trend. The daily line gap at 103K has a pulling effect. Key resistance levels to watch above are 112.8K-114.4K-115.5K. A rebound at these positions still leans bearish, and we will look for a new round of upward movement after the daily support is reached.
$ETH The overnight rebound is healthy, OICVD is synchronized, and it closed above the previous day's low of 4065. Today, focus on holding above 4080 for a low long position, targeting 4150-4220-4260. The daily line is in a large box range, and the rebound is synchronized with the rhythm of Bitcoin.
Focus on buying ETH during the day, and short BTC on high rebounds.