Today's market has once again completed its cycle. Recently, due to personal matters at home, there have been fewer strategy updates, but we are still constantly following the market. The overall approach remains unchanged. A brief review: on Wednesday, the market continued its upward trend, with Bitcoin steadily rising from a low of 116050 to a high of 119786 before a slight pullback, while Ethereum climbed from 3030 to a high of 3272. Currently, the market maintains an upward consolidation pattern.

The current 4-hour cycle shows a strong bullish momentum with consecutive upward candles. The candle bodies are steadily increasing, not only continuing the bullish upward momentum but also effectively breaking through key resistance levels, opening up new upward space for the market. Although the upper shadow indicates short-term pressure, the limited pullback suggests a bullish advantage. The trading volume is moderately increasing along with the MACD golden cross upwards, confirming the trend has turned bullish. Although there is a technical pullback on the hourly level, the bollinger middle band is steadily rising, and the KDJ indicator is about to golden cross again, providing support for the future market. The market demonstrates typical characteristics of slow rises and rapid corrections, which justifies the bullish market in the future. It is recommended to primarily focus on buying on pullbacks, paying close attention to stabilization signals in the support areas, and considering a gradual accumulation strategy. If short-term technical resistance levels are encountered, a light position may be attempted for short-term short positions.

Bitcoin can be longed in the range of 118200-118700, with a target of 120000; if it breaks through, it can look up to 122000; Ether can be longed in the range of 3220-3200, with a target near 3500.