Afternoon operation analysis

The Bitcoin is currently undergoing a 4-hour level correction. Today, pay attention to the level of 108775 for a rebound. Only if it stands firmly above this level can this wave of 4-hour level correction be considered complete, and the market will continue to move upward. The upper resistance levels to watch are around 109765-110650-111330!
If we can't stand above 108775 today, it indicates that the rebound lacks strength. Continue to watch for support levels below, particularly around 106800-105260-103800!
The second contract is currently in a 4-hour level pullback, with the 1-hour level consolidating at the bottom. Today, pay attention to the rebound at the 2783 level (the top of the small consolidation area). Only if it stabilizes above this level can this 4-hour level pullback be considered over, and the market will continue to move upward. Key resistance levels to watch are around 2830-2879-2920!
If we can't rise above 2783 today, it indicates that the rebound lacks strength. We will continue to test the lower support level, paying attention to 2743 (the bottom of the small horizontal range). If we break below, then look at the levels around 2688-2655-2628!