$ETH In this never-sleeping market, every morning witnesses the most brutal redistribution of wealth. Some wake up to pleasant surprises, discovering that their lightly positioned long orders from the night before have doubled with the early morning surge; others wake up to face nightmares, finding that their fully leveraged positions have been precisely liquidated by a single needle. Behind this dramatic contrast lies the simplest truth of the cryptocurrency world: your risk control awareness determines the expression you wear when you wake up. In the afternoon, the price fell from the high point of 118404 to around 117470, stabilizing before quickly rebounding to the high point of 118861. In the evening, the price retraced to around 117583 for consolidation. The afternoon strategy of going long around 117200 provided a successful profit of over 1200 points. Ethereum fell from the high point of 3029 to the low point of 2965, then stabilized and rebounded, reaching a high of 3039 before again retracing to around 2970 for consolidation. The afternoon strategy of going long on Ethereum captured over 60 points of profit. From a technical perspective, the market is currently in a strong consolidation phase. Bitcoin's moving averages across all cycles remain in a bullish arrangement, with no obvious signs of capital outflow during the pullback. Ethereum is maintaining its position in the high range after the breakout, showing strong market support. Both major cryptocurrencies display typical upward continuation patterns, with key support levels at 117500/116800 exhibiting active buying. Regarding key positions, Bitcoin has a clear support area below, while there is still testing space above. Ethereum needs to focus on the breakout of the previous high point at 3030, with a solid support platform below. The overall market maintains a strong pattern, but short-term volatility may intensify. Investors should remain rational, avoiding blind chasing of highs and selling on dips, and reasonably control their position size. Bitcoin suggestion: Stabilize and enter long positions around 117600-117800, with a target of 118500-118800 and a stop loss below 117200. Ethereum suggestion: Consider laying out long positions in the 2960-2975 range, with a target of 3010-3030 and a stop loss set below 2940. #BTC再创新高