10.7 Market Analysis: Bitcoin Faces Resistance at Highs, Waiting for a Pullback to Buy More

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4 hours ago

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  BTC: Although there was a rebound this morning, it can be seen that the 64000 level is a significant resistance point, with a large amount of sell orders accumulated here. After the rise, there was no effective breakthrough, and it is highly likely that there will be further adjustments in the short term, with short-term support at the 61500 level. Strong support is at the 60000 mark; as long as this level is not effectively broken, the bullish trend remains.

ETH: The 2520 level has not broken through and stabilized; currently, it is also experiencing a pullback after a rise, with strong support below at the 2300 level.

For more explanations, please patiently watch the video. If you have any questions, you can follow the public account: Ding Junxian.

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