Thoughts for noon on May 11

From the 4-hour chart, Bitcoin has been consistently strong in its recent upward trend, maintaining a high-level consolidation pattern over the weekend. Observing the daily chart, the current upward trend remains intact. A short-term technical adjustment may be needed, but there is still potential for continued upward momentum.

Trading Suggestions

Bitcoin around 103,000, target 106,000

Ethereum around 2,470, target 2,570