Accurate predictions, strength verification! Bitcoin has reached the support level around 102500. Considering the limited market liquidity over the weekend, the market did not show a one-sided upward trend but instead progressed steadily with a fluctuating rising pace. The battle between bulls and bears was intense during the day, leading to repeated short-term fluctuations. As of now, Bitcoin has surged to a high of 103636, with overall volatility exceeding a thousand points. In this round of market movements, there are profit opportunities whether going long or short.

Currently, from the market perspective, Bitcoin is showing a rebound pattern after hitting the bottom. Now on the 4-hour chart, a small bullish candle is moving upwards but has formed a relatively long upper shadow. Ethereum has broken the previous weak downward trend, which had four consecutive bearish candles continuously probing the bottom. Following the rhythm of Bitcoin yesterday, it also experienced a rebound after hitting the bottom, and this rebound phase is basically complete.

Looking at the 4-hour chart again, Bitcoin did not go down to the lower range but rebounded after hitting the middle and lower bands, indicating that the support below is still strong. Currently, there is a tug-of-war between bulls and bears, and a strong one-sided market is not emerging for the time being. The situation is still treated as a fluctuating structure. On the hourly chart, the bulls are reclaiming lost ground, and in the short term, there is still a demand to continue moving upwards. Therefore, the subsequent approach will continue to treat it as a rebound short strategy.

In the future, Bitcoin is expected to see targets around 104000-104500 for short positions, with support targets looking down at 102300. Ethereum is expected to see targets around 2520 for short positions, with support targets looking down at 2420.