Davie Analyzes Current Trends of BTC and ETH

According to Twitter user Davie, BTC is currently close to the 15-minute structural resistance at 83,500, and we need to observe the bullish absorption situation. If it breaks below 82,700, we should be cautious of the risk of a pullback. The 4-hour chart shows a recovery phase, with support at 81,000 and 80,300 below, and resistance at 83,500 and 84,300 above. ETH is slightly stronger than BTC, with its trend in a consolidation range. The support at 2,405 has not been broken, while the resistance is between 2,520 and 2,525, and the upper boundary pressure is between 2,575 and 2,580. We need to observe the absorption situation after breaking through the resistance to determine the bullish trend.

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