During the afternoon, Bitcoin experienced a significant deep correction, with its price quickly dipping and hitting a crucial support level at 106,877, where it has been oscillating nearby. As the afternoon trading session commenced, the bullish momentum for Bitcoin noticeably strengthened, showing a stepwise upward trend, with almost no significant corrections, fully validating our earlier analysis that "multiple tests of the bottom without breaking indicate accumulation." As buying pressure continued to flow in, Bitcoin's price surged vigorously, reaching a peak of 108,860. In contrast, Ethereum experienced a rapid unilateral rise in the afternoon, followed by a slight technical correction due to profit-taking pressures. After the correction ended, Ethereum entered a consolidation phase, with its price fluctuating within a narrow range. During the day, we placed long positions in the morning, added more in the afternoon, and took profits in the evening, securing a gain of 1372 points.

Looking at the four-hour chart, the price has surged strongly to run at the upper band of the Bollinger Bands, with very limited correctional pullback, highlighting the dominant position of the bulls in the current market. However, if the market continues to lack effective corrections, the subsequent momentum for further bullish expansion may be constrained. From a short-term perspective, after the price reached a high, only a slight pullback occurred, with the Bollinger Bands showing a tightening and upward trend, indicating that the overall market structure remains dominated by bullish trends. The evening strategy can still maintain a mindset of buying on pullbacks.

Bitcoin can be bought in the range of 108000-108300, targeting around 110000. Ethereum can be bought around 2700, targeting around 2780. #BTC