BTC continued its strong trend today, quickly rebounding after the evening price pulled back to a low of 103600, and hitting a high of 104800 during the early morning period where it faced resistance. The trend of Ethereum is highly aligned with Bitcoin, peaking at 2524 points during the session. Despite a brief pullback earlier, the overall upward pattern has not changed, with long positions continuing to dominate. After the price surged near 105000, it has now entered a technical pullback correction phase.

From the four-hour technical chart, the market shows strong upward breakout momentum. After multiple rounds of consolidation, the price lows continue to rise, and the bottom support is continuously solidifying, with long positions poised to attack. Although the current price fluctuates wildly around the upper band of the Bollinger Bands, it remains in an upward channel overall, and the possibility of a deep pullback is low. Market movements follow the law of alternating rises and falls; pullbacks in an upward trend and rebounds in a downward trend are both normal phenomena that do not require excessive worry. A fundamental trend change often requires a continuous and significant reverse movement for confirmation, and a slight pullback in a single day will not alter the overall upward trend, but rather accumulate strength for subsequent rises.
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BTC can be long positions at 103000-103500, with a target near 105000. Ether can be long positions at 2460-2480, with a target near 2580. #BTC