$BTC $ETH From the current market perspective, Bitcoin shows a steady upward trend, with bulls continuously increasing their volume, climbing to around 118400, repeatedly setting new historical highs and maintaining an upward trajectory. Currently, in the smaller time frame, both bulls and bears are engaged in a tug-of-war, resulting in a range-bound oscillation; however, overall it still maintains a strong upward movement, with no clear signs of a pullback yet.

From the daily candlestick chart perspective, Bitcoin has formed a pattern of five consecutive bullish candles, directly reflecting the absolute dominance of bullish forces. The short-term candlestick formations display a favorable bullish arrangement, providing technical support for further price increases. The focal point for bulls and bears is at the key level of 117500: if it holds, buy with a target of 119000-120000; if it breaks down, the downside space opens up, allowing for short positions during a rebound, with stop-loss above 119000.

Bitcoin can be bought around 117500, targeting 119000, and if it breaks through, look for 120000; Ethereum can be bought around 2960, targeting around 3030. #BTC #ETH