$BTC $ETH Thursday's market closure, let's review today's market. Bitcoin surged to the 112036 line in the morning before slightly retreating. Although it showed fluctuations during the day, it remained firmly at a high position. In the evening, bulls made another strong effort, briefly retracing before surging strongly, not only breaking the historical high but also surpassing the 113000 mark and continuously testing upward. Ethereum started an upward trend from midnight, touching the 2822 line at noon before facing resistance and a brief pullback. In the evening, driven by Bitcoin, it rose again, currently standing steadily above the 2800 mark.
From the daily level, the price ratio has consistently held above the middle track, clearly demonstrating an overall strong trend. The middle track serves as a key boundary for bulls and bears, which is fully reflected here. Although the convergence of space brings a rhythm of oscillation, it means that a significant one-sided trend is difficult in the short term; at the 4-hour level, the previous upper track's pressure combined with consecutive bearish trends and the boll contraction shows a slowdown in short-term momentum. However, after the price ratio fell to near the lower track, the downward rhythm clearly slowed down, indicating certain support exists here, which also accumulates potential space for subsequent bull rebounds. The K-line continues to break upward and drives the boll to expand synchronously, creating resonance between the track shape and price trend, further confirming the strong continuation of the bullish trend, with the offensive momentum of the bulls clearly visible. Switching to the hourly level, the boll three tracks present a significant opening shape, with a noticeable expansion in the track, intuitively reflecting strong operational momentum of the price ratio. A clear one-sided upward trend has formed, and the characteristics of bullish strength dominating the market are very prominent.
It is recommended to go long directly near 113000 for Bitcoin, targeting 114500; for Ethereum, it is advisable to go long near 2800, targeting 2880#BTC #ETH .