Today's market conditions show a noticeable change in intraday rhythm. During the day session, prices generally maintained a volatile pattern, with both bulls and bears caught in a stalemate. Bears repeatedly tested key support levels but failed to achieve an effective breakthrough. Until the evening, market sentiment took a sharp downturn, with bearish forces suddenly gaining strength, dominating the market. Prices continuously broke through important support levels, dipping to around 107000, and then the decline slightly slowed, currently stabilizing in a narrow range around 107500. The trend of Ethereum has remained largely in sync with Bitcoin. The day session was also in a volatile state, with a strong rebound occurring in the evening, but it was quickly pressured back down by overhead resistance. Compared to Bitcoin's sharp downward trend, Ethereum's downside momentum appears somewhat insufficient, failing to effectively break through the short-term volatile range, with the lowest point only touching around 2612, and then gradually rebounding, currently stabilizing around 2650. The long position suggested around 107000 from the earlier dip is currently in a floating profit status, and the bullish outlook remains unchanged. The day's layout is mainly focused on short-term trades, so there’s no need for excessive boasting; the current market conditions are more important.

From the four-hour chart, the price has deeply returned, with a single bearish candle only piercing the middle and lower bands. The drop to around 7000 did not result in further breakdown, and the strong support at the bottom around 6000 was not tested downwards, indicating that the selling pressure remains insufficient and the buying capacity at the bottom is strong, suggesting there is still a recovery potential. The Bollinger Bands show a flattened structure, indicating that there is still some continuation of consolidation, which is why we remind everyone that there are opportunities for both bulls and bears during the day. There is no reason to chase highs without seeing new records, and with the further downward probing in the evening, the major direction for the future needs to focus on whether the intraday volatile range can be recovered. Otherwise, it may shift to a consolidating downtrend structure, and if the key support is broken down, the trend could see a deep correction towards 102000. The strategy for the early morning operations remains bullish.

Bitcoin can be bought in the range of 107000-107500, targeting near 109000. Ethereum can be bought in the range of 2620-2640, targeting near 2700. #BTC