#BTC #ETH From an hourly perspective, the previous consecutive bullish rise has formed a short-term upward trend. Although there have been multiple pullbacks today, none have broken below the key support level of 117600, which is a normal retracement within the trend. Additionally, the long lower shadows on the bearish candles during the pullbacks indicate strong support below. From the perspective of the Bollinger Bands, although the price has dipped to the middle band, the upper band still maintains an upward slope, suggesting that the medium-term bullish channel has not been damaged, and the adjustment may be a consolidation for bullish momentum.

In terms of trading volume, the recent pullbacks have been accompanied by decreased volume, reflecting insufficient selling pressure from bears. A decrease in volume during a pullback is usually a signal for trend continuation. If it were a trend reversal, it would often be accompanied by increased selling volume. The current volume characteristics support a 'washing out' scenario rather than a 'trend reversal', preserving momentum for a bullish counterattack.

Operational suggestions:

For Bitcoin, look to buy around 117500, with an initial target of 120000, and continue to look upward if broken.

For ETH, consider buying around 3410, with a target to focus on 3500.