BTC and Ether recent market trend analysis

In the blink of an eye, the eight-day holiday is coming to an end, and I will return to my workstation to fulfill my duties. The market has been quite good in the past few days, with strong upward momentum, but I chose not to watch the market closely. During these days of vacation, I only looked at it for a few minutes each day before sliding away, spending more time on my life. Trading itself is a very tedious and dull activity, so we occasionally need to engage with new environments and new things.

Returning to the market, BTC has once again broken through to a new high, reaching around 126000. This time it slapped me in the face, as I previously mentioned in an article that I wasn't optimistic about BTC reaching a new high again. I didn't expect it to happen so quickly. It is not difficult to see from the market that in the range of 117000 to 112000, there are many short positions trapped, and most stop-losses are set at the previous round's new high, which is around 124500. The highest point was around 1126000, meaning it broke through by about 2000 points, and then started a deep correction. Last time, it also broke through to a new high of over a thousand points before starting a deep correction. The difference is that BTC has risen sharply this time, with almost all bullish candlesticks, rising quickly and falling even harder, so don't blindly chase the highs. BTC stands firm around 112200 today and will continue to rise; if it breaks below 120500, you can consider trying a short position.
BTC today's upper resistance looks at around 126000 and 123300.
The support below is around 121000, 120500, and 119200.

Ether had a significant pullback last night, nearly 300 points. The resistance for Ether mentioned earlier is around 4765. The highest point in this wave of increase was about 4755, so the assessment of Ether has been quite accurate. If Ether can hold above 4520 today, it will continue to go up. If it breaks below around 4420, a short position can be considered.
The upper resistance for Ether today is around 4520, 4600, 4765.
The support levels below are around 4420, 4330, and 4280.

Personal opinion sharing, not investment advice! #BTC再创新高 $BTC