The market is bullish, with Bitcoin breaking through new highs again, standing at the high point of 124500; Ether is soaring strongly, heading straight for the 5000 high point, and the h y market is experiencing a short squeeze, with whales and institutions frantically accumulating.

The market fluctuated around the 119500 line in the morning session, and then once again initiated a Fan rebound, until it broke through the 124500 level, setting a new historical high. The daily level bullish trend is showing strong performance, as the K-line not only successfully broke through the Bollinger Bands range, but also drove the overall market to continue expanding upwards, with the upper band continuously rising, the middle band steadily moving up, and the lower band following suit. This structure indicates that the bulls are still accumulating strength, and the momentum is continuously being released, suggesting that the market trend is strongly dominated by the bullish trend, with a solid bullish pattern and a very strong upward trend.
Ether has further harnessed the upward momentum from the previous day's surge, exhibiting impressive performance on an hourly level as well, steadily rising in a staircase-like incremental manner. Each minor pullback has become a new starting point for price increases, with the characteristics of a bull market becoming increasingly prominent in the short term, providing strong support for the upward trend in the medium to long term.
Currently, the short-term pressure for Bitcoin is at the 125000 level; strong support is at the 115000 level; Ether pressure has moved up to the 5000 level, and support has moved up to the 45000 level.