Bitcoin suddenly encountered a short attack early in the morning, with the price rapidly dropping to a low point of 100678. Bulls mounted a strong resistance at this level, successfully recovering to around 103080. Ethereum hit a low of 2406 before rebounding to a halt at around 2499.

From a daily chart perspective, the overall market structure remains relatively intact. Although there were brief fluctuations during the day, the main support and resistance levels have not been significantly breached, and the market has yet to form a clear trend reversal signal. On the 4-hour chart, the price quickly dipped below the lower Bollinger Band during the early hours but subsequently found buying support and rebounded. The price has now regained the lower Bollinger Band, but the rebound has been relatively limited. The short-term market remains in a weak consolidation pattern.

Bitcoin: Buy around 102000, short-term target 104000

Ethereum: Buy around 2440, short-term target 2550