Today's market has once again completed its cycle. Looking back at today's Bitcoin market, the intraday trend shows obvious volatility characteristics. The price continued the upward trend from midnight last night during the morning session, strongly rising above 104000 before quickly retracing. It stabilized when it fell to a low of 102327. In the afternoon, the market launched another attack, refreshing recent highs and reaching 104373 before starting to pull back, maintaining a range-bound oscillation throughout the evening. Regarding Ethereum, today's market rose all the way in the morning session, slowing down after reaching a high of 2490 and starting to pull back, eventually probing down to a low of 2271 in the evening.

From the market structure perspective, the medium to long-term trend remains strong bullish, but in the short term, it is undergoing a technical adjustment phase. On the daily level, the price is steadily operating within the upward channel of the Bollinger Bands, with the middle band continuously rising, confirming the stability of the medium-term upward trend; the 4-hour level shows signs of short-term stagnation, with narrower candlestick bodies and increased upper shadows, indicating selling pressure at high levels. However, the retracement is on low volume and effectively supported at key support levels. The current price is oscillating between the middle and upper bands of the Bollinger Bands, representing a normal technical adjustment within an upward trend. If the subsequent volume can effectively cooperate, there is still hope for continuation of the upward movement. Given that the weekend is approaching, the market is likely to see a technical adjustment, so it is advisable not to blindly chase positions; the operation should primarily focus on a range-bound mindset, maintaining a cautiously optimistic attitude.

Bitcoin can be bought in the range of 102000-102500, targeting around 104000, while Ethereum can be bought in the range of 2280-2300, targeting around 2400.