The cryptocurrency market is like an immense and boundless ocean, with every rise and fall resembling the ebb and flow of tides, a natural rhythm of the market's breathing; the fluctuations in coin prices are an indispensable part of the market's tempo. In this unpredictable market, we must maintain our fervent passion for learning, continuously enhance our cognitive level, and use the light of rationality to illuminate our path forward, enabling us to navigate steadily through the ever-changing landscape. On Thursday morning, the Bitcoin price slightly rose to a high of 108782 before encountering a retracement, with the price dipping to a low of 107300 by noon. Ethereum's price, after dipping to a low of 2745 in the morning, began to rebound, reaching a high of 2787 before facing resistance, subsequently oscillating around this range as if searching for a new direction in the market's waves.

An in-depth analysis of the current market shows that the four-hour chart indicates a trend of four consecutive bearish candles, with the price now operating below the middle Bollinger Band, and the KDJ indicator's three lines forming a death cross pointing downwards, seemingly suggesting that bearish forces are gaining the upper hand. However, the J value has entered the oversold zone, indicating that the bearish pressure may have been overly released, suggesting a demand for a rebound. Moreover, the current retracement has not disrupted the overall trend structure, so as long as the 107000 level holds, the bulls still hold an advantage, like warriors lurking in the darkness, ready to launch a counterattack at any moment.

Looking at the one-hour chart, the market finally stopped after experiencing five consecutive bearish candles, with the KDJ indicator's three lines bending to form a golden cross, which is undoubtedly a positive signal, indicating that bullish forces may be gathering. In the afternoon, we can focus on the rebound opportunities for bulls after the retracement.

Based on the above analysis, we provide the following operational suggestions:

• Bitcoin: Consider entering long positions near 107500, targeting 109000 - 109500. This range is an important area where bullish forces may launch a counterattack; if the price stabilizes and rebounds here, it is expected to move towards the target.

• Ethereum: Consider entering long positions near 2750, targeting 2850. With 2750 as a key support level, the bulls have strong backing here, and once the price rebounds, it is expected to push towards the target of 2850.