In the morning, the market overall showed a sideways trend, with BTC fluctuating in the 108k–109k range. ETH is slightly stronger, but it has also fallen below 2600, currently around 2595, and the direction has not yet emerged.

BTC has been unable to break through the 109k level for several days in a row, indicating that this is a relatively strong selling pressure zone. There is support around 107500 below, and the bulls and bears are stuck here. Until there is a significant increase in volume, there is no need to rush to take action. Although ETH is resistant to falling, it is not strong either; the trading volume is too poor, and any slight upward movement lacks momentum, typical of a low-volume wait-and-see market.

Friends who followed my layout last night and held onto their long positions at low levels have all profited this morning. In this kind of market, you need to set up early; chasing after a breakout can easily lead to being trapped.

The current operating strategy is also very simple —

Do not chase the highs if it doesn't break up, and do not sell off if it doesn't break down.

If BTC can break above 109500 with volume, there is a possibility of a new high, otherwise, it will still be in a range. The key point for ETH is between 2620–2650, and only if it can break through that will we consider entering on the right side.

At the same time in the direction of, you might as well play the rhythm of light positions, low absorption, and high throwing, for example:

BTC may try a small long position when it retraces to 107800–108000;

ETH can be bought around 2570–2590 again;

At the resistance levels of 109100 and 2635 above, if the volume does not follow, consider taking profits or going short.

Don't be too heavy on your positions; the market is not suitable for all-in gambling right now. Control the pace to have the space to make a big move.