In the fluctuation of the crypto world, there are no eternal smooth paths, nor are there everlasting troughs. Each jump of the candlestick is both a test of the market and a practice of understanding—during a big pump, don't let greed cloud your mind; during a big dump, don't let fear consume your rationality. It's important to know that fluctuation is normal, and survival is the premise. Last midnight, the Bitcoin market first continued the upward trend of the evening, with the price strongly rising to around 104481, then faced pressure and fell back, nearing the morning with a low of about 103243. The Ethereum midnight market also maintained a synchronized movement with Bitcoin, first climbing to around 3479 before stopping, and then similarly entering a downward trend, until the early morning market reached a low of about 3413.

Looking at Bitcoin on the 1-hour level, the middle band of the Bollinger Bands is currently providing effective support, maintaining a short-term bullish structure; the upper band constitutes a key resistance that has not been effectively broken despite multiple tests. At the same time, as the price rebounds, trading volume gradually decreases, indicating a waning bullish momentum. Overall, it is in a "strong support at the middle band, resistance at the upper band yet to be broken" oscillation pattern. If there is a breakout with increased volume above the upper band, the rebound potential could open further, targeting above 105000; if the middle band support is lost, it may pull back towards the lower band. In terms of operations, it is essential to closely monitor fluctuations and breakout signals, ensure proper stop-loss measures, seize opportunities, and execute decisively!

Follow the trend of Gongzhonghao: Changsheng looks at the trend
$BTC $ETH
Operation suggestion:
Bitcoin is around 103000, aiming for 106000.
Ethereum is around 3350, with the target price looking at 3600.