In the early session, Bitcoin fell first and then rose. After holding at 106,000, it quickly rebounded, peaking around 107,700, with fierce competition between bulls and bears.

After the market surged to 108900 in the early morning, it retraced about 3000 points, showing significant volatility. This precisely indicates that the bull market has not ended; rather, it is gathering strength. During the early morning, Boyan took the initiative to place a market order and perfectly realized profits in the morning.

From the four-hour chart, a short-term top has formed, and we are currently in a retracement phase. Overall, today still looks bullish, remaining optimistic. However, don't be too aggressive; it's safer to wait for a pullback to find opportunities to go long.

Operational suggestions
For Bitcoin, look to go long around 106500-106000, with a target of around 108000-109000.

For Ethereum, look to go long around 2560-2530, with a target of around 2610-2630
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