$BTC rebounded and hit the 113,000 mark before pulling back. Currently, there is minor support in the 111,500 range. Some short positions are temporarily trapped below in the 111,000-111,300 range. Focus on the second major level: the daily MACD chart. Will it form a golden cross and fuel the trend, or will it lose momentum due to insufficient momentum? $ETH: Last night, Ethereum's final rebound reached 4,380 before falling. The rebound was weak. Furthermore, during the livestream, we closed both positions at an average price of around 4,300. Ethereum's current trend is stronger than Bitcoin's. This suggests that Bitcoin funds are flowing into Ether. If Ether rebounds to the 4,380-4,430 range today, we will only trade short-term, avoiding any pattern formation or rolling positions. This is unless Bitcoin rebounds above 113,000 and enters a range of 113,500-114,500. Currently, the upward resistance is strong, and positive news is needed for a breakout. Intraday trading should focus on short-term strategies, avoiding pattern formation or greed.
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