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Last night's market is still evolving. Here's an update on the latest views for Ethereum and Bitcoin.
On the Ethereum side, 2900 is a very critical level. If it doesn't hold and breaks below 2895, we can consider entering short positions, targeting the 2830 range. Conversely, if you want to go long, you'll need to wait for a breakout above 2980 for a better chance.
The situation with Bitcoin is similar. The 86724 level is very important. As long as it hasn't broken, bullish traders at lower levels can try entering around 87500. But if it drops below 86500, then the outlook shifts to 85500. For long positions, you must wait for a breakout above 88000 before taking action.
Overall, these key support and resistance levels need to be maintained, as the market direction will largely be decided around these points.