#BTC #ETH hours level view, around the support level of 118500, the market has shown strong buying interest, preventing the price ratio from effectively breaking below key technical levels, and the previous low may form a temporary bottom. The Bollinger Bands maintain a horizontal flat state, indicating that the current fluctuations are more of an adjustment nature rather than a trend reversal signal. When the price ratio breaks upward through the middle band, the Bollinger Bands may open upwards again, creating room for a rebound. After the pullback, the candlestick shows alternating small bearish and bullish patterns, indicating that the strength of the market has weakened after being released during the previous decline, and the market is gradually attempting to counterattack, recovering a small portion of lost ground, forming a 'bottom fluctuation accumulation' structure, and still optimistic about the market's potential for upward movement tonight.

Operation Suggestions

For Bitcoin around 118000—118500, the initial target is 120000.

For Ethereum around 3600, the target is 3700.