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This morning, the price of Bitcoin showed a pullback trend, touching a low near the 107300 level. I have established a position and am holding, waiting for the market reaction. Ethereum adjusted simultaneously, quickly rebounding after reaching 2746, peaking at 2776, resulting in a profit of 30 points in the morning market.
The afternoon market maintains a fluctuating pattern, with narrowed volatility. Analyzing the current situation, I still have a positive outlook on the bullish strategy established in the morning session.
For Bitcoin, it is expected to fluctuate in the range of 107000-107500, with an upward target pointing to 109000; for Ethereum, it is expected to consolidate in the range of 2740-2760, with an upward target looking towards 2800.
Recently, the market has been affected by multiple factors, including changes in U.S. tariff policies, stricter regulation of social media, discussions on cryptocurrency policies from various parties, and the upcoming CPI data. Investors need to closely monitor the potential impact of these factors on the market.