Afternoon Analysis:

With the trading day half over, the market suddenly surged in the morning session, with Bitcoin and Ethereum rising in sync. Bitcoin strongly broke through the key resistance level of 108,000, reaching a high of 108,249, but quickly fell back without being able to hold the position, returning to a range of high fluctuations. In contrast, Ethereum surged nearly 120 points during this wave of increase and then retraced to around 2,480 to stabilize. From this, it is not difficult to see that the sudden sharp rise in the morning was to drive up the price of Ethereum.

Looking back at yesterday, Bitcoin had a strong upward momentum, while Ethereum maintained a narrow range of fluctuations. Considering the morning trend, the afternoon is primarily focused on Bitcoin!

Bitcoin: Ranging from 108,000 to 108,500, target 106,000

Ethereum: Ranging from 2,480 to 2,500, target 2,400

The market conditions change rapidly, and the above suggestions are for reference only; specific operations should be based on actual situations!

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