The early morning market has completed without providing a new breakout point. After pulling back to the low point of 102500, it began to rebound, rising to the high point of 103600. It has been repeatedly unable to sustain a one-sided trend. Our bullish outlook from last night managed to capture a few hundred points again. However, Ethereum has not offered many entry opportunities due to the limited range. Currently, based on the market trend, as long as we control the high and low points of the range, we will not leave empty-handed. Short-term operations are quite straightforward.

Currently, the market shows that Ethereum's trend is similar to that of Bitcoin. Bitcoin's daily price has consistently remained above 100,000 for several days, with high-level consolidation and no significant pullback. Previous high points often see a violent surge after consolidating. We are still in this range consolidation structure. On the four-hour chart, after completing a V-shaped single-sided trend, both bulls and bears have not shown much continuation, only widening the range. The broad consolidation is gathering momentum. In terms of operations, it’s best to focus on short-term trades while carefully managing the range, selling high and buying low, making adjustments based on market patterns.

In the morning, Bitcoin could be bought between 103000-102500, targeting around 105000. Ethereum could be bought between 2580-2550, targeting around 2700. #比特币 $BTC