Today, in the early session, Bitcoin was the first to break the intraday oscillation pattern. After a brief correction and consolidation, the bulls continued to exert force, pushing the price upward and breaking through a key historical resistance level, reaching a maximum of 111,959, refreshing its historical high. Subsequently, influenced by profit-taking, the price experienced a technical pullback, currently oscillating around 110,800, waiting for further directional guidance. Ethereum's trend, on the other hand, showed a divergent pattern; after being pressured back from the night-time high of 2,679 to 2,625, it gradually stabilized and began to climb, currently reaching a high of 2,734.

From a technical analysis perspective, both Bitcoin and Ethereum show a high-level box oscillation pattern on the 4-hour chart. The candlestick combination primarily consists of small real body star lines, without forming a clear trend direction. However, it is worth noting that technical indicators such as MACD and KDJ have begun to show signs of declining bullish momentum, indicating insufficient short-term upward momentum. Although the bulls temporarily hold the advantage, it is challenging to form a unidirectional upward trend.

On the 1-hour level, price fluctuation characteristics are becoming increasingly apparent, presenting a typical converging oscillation pattern. The Bollinger Bands continue to narrow, with the distance between the middle line and the upper and lower bands reaching a recent minimum, indicating that the market is about to break the current equilibrium state, brewing a directional breakout. This technical pattern is often an important signal of trend reversal.

For Bitcoin in the afternoon, it is suggested to buy on dips in the range of 110,500-110,000 for light positions, targeting around 112,500. For Ethereum, a long position can be set up in the range of 2,640-2,610, targeting around 2,750.