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Latest Ideas 11.6
The Bitcoin has dropped nearly 12,000 points over the past two days, rebounding after approaching the low of 98,888. Yesterday, the bulls warmed up, and the price slowly rose to around 104,500. Currently, the price is running near the 103,500 level. Going forward, key attention should be paid to the 105,000 resistance level: if it breaks and stabilizes, the bulls may continue to heat up; otherwise, a pullback to support may occur.
The daily line has closed with a bullish candle, temporarily halting the bearish trend. The market is rebounding but has not broken the key resistance above, which shows a trend of downward pressure. If there is a lack of strong rebound during the day, it may still face pressure. Overall, the market maintains a fluctuation pattern after the significant decline, with only a slight recovery in bullish sentiment.
Buy around 102300–102800, aiming for around 105000.
Buy near 3350-3380 for Ethereum, aiming for around 3500.
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