At midnight, Bitcoin took the lead with a strong upward move, successfully reaching the recent high of around 105999. However, this level formed significant resistance, and Bitcoin subsequently faced downward pressure. Entering the early morning hours, the downtrend accelerated, dipping to a low of around 103217. But soon after, bullish forces regained momentum, leading to a strong rebound for Bitcoin, which not only reclaimed some lost ground but also boosted market sentiment.

The movement of Ethereum was similar to Bitcoin, but with differences in rhythm and intensity. Last night, after Ethereum surged to a high of 2587, it also faced pressure, causing the price to drop rapidly. In the early morning, Ethereum hit a low of around 2312 before rebounding. Compared to Bitcoin, Ethereum's rebound was somewhat weaker, and its market performance lagged behind.

From the four-hour K-line chart, the middle band of the Bollinger Bands is an important reference indicator for judging Bitcoin's current trend. Currently, Bitcoin's price remains above the middle band, showing a one-sided bullish trend. Although we often say not to easily predict the peak during an uptrend, the market is full of uncertainties, and investors should remain vigilant against the possibility of localized high pullbacks in the short term.

At high levels, profit-taking may lead to quick pullbacks, which is a common rhythm change in the market that investors need to monitor closely. In the short term, Bitcoin's price may continue to test higher levels in a slow upward manner. As the volatility base expands, the range of fluctuations will also increase accordingly. During the slow rise and squeeze phase, the market can easily impact investor psychology, making pullbacks to buy the mainstream trend currently. As for operational advice, it is recommended to primarily follow up with long positions, but also to pay attention to risk prevention, and boldly follow the rebound trend for operations.

Operational suggestions:

In the early morning on Monday, Bitcoin can be bought around 105000, targeting 106500-107000.

Ethereum can be bought around 2400, targeting 2550-2600.