‼July 16th [BTC Market Analysis] Last night, US stocks surged and then pulled back, leading to a weakening of BTC. After a full day yesterday, #BTC和# ETH currently shows divergence, with BTC adjusting after a rise, while ETH is rebounding and has recently reached a new high. There may be favourable information about ETH that is about to be released, so keep following. If the market continues its strong structure and initiates a second attack to hit the pullback level, the support level at 114500 (with a fluctuation of 1000) is crucial. Once it holds above this level, it will attack the high points again. Current key support level: • Around 114500 (12-hour trend line support must not break). If this level cannot be maintained, a short-term technical adjustment may occur, suggesting an appropriate reduction of position for take profit within this range. Current core range reference: • Lower support: Around 109000 • Upper pressure: Around 122300.