Today's Market Focus

First, let's look at the market. BTC 1-4 hour battle between bulls and bears. The market drops instantly and then gets pulled back up; the market rises and then gets smashed back down. The back-and-forth between bulls and bears is intense, all searching for the highest probability: up or down.

The 4-hour chart has already shown signs of exhaustion. In the short term, I believe it will pull back to around 102500. If it breaks below this range, it could very likely drop to the price of 100800.

Whether above or below, there are a large number of contract liquidations. The more we reach a market decision point between rising or pulling back, the more contracts will provide liquidity.

If the market is strong, it will oscillate around the 105000-103000 range for a while before continuing to break through to new highs, heading straight for 110000. Such a rally can generally be completed within 1-2 days, and those who have not entered the market will have to chase the rising prices.

Ethereum is also a key focus at 2530. This position is a strong resistance point. If it stabilizes and breaks through, it will push upward towards 2800.