After the long bullish candlestick pattern on the daily level displayed by the Big Pancake Aunt, the market has started to retrace and this has been accompanied by an increase in volume. The current retracement suggests that the market is entering a short-term consolidation phase. On the 4-hour level, recent candlesticks show a high-level oscillation and retracement trend. In terms of technical indicators, the 4-hour MACD histogram continues to shorten, with both DIF and DEA above the zero axis, but there are signs of divergence and weakening momentum, so it is necessary to pay attention to whether there will be further adjustments. Currently, market attention is on the short-term support around 2500 and 108000. Once broken, there will be further declines, so watch the strength of the support.

Trading recommendations: BTC: Continue to long near 109000 to 109500, target around 107500; ETH: Long near 2550 to 2570, target around 2500, if broken look at 106000 and 2440.