$BTC Bitcoin Market Analysis

- Daily Level: Continuous upper shadow lines indicate a retracement after reaching higher levels, showing insufficient continuation of the upward movement, with significant resistance at the 121,000 mark. However, it should be noted that the current pullback signal has not yet been established, the downside space is limited, and the daily lows continue to rise, with support levels consistently increasing with the trend. The bullish structure has not been broken, and the market still maintains a bullish tone moving forward.

- 4-Hour Level: The price quickly rebounded after retracing to the middle band of the Bollinger Bands, with the current middle band at the 118,000 mark forming key support. As long as this support level holds effectively, a long position strategy can be continuously executed, with the focus for evening operations being to select lower levels for long positions.

Operation Suggestions

- Bitcoin: Look for opportunities to go long in the 118,300-118,800 range, targeting around 121,000.

- Ethereum: Look for opportunities to go long in the 3,580-3,610 range, targeting around 3,700. #币安HODLer空投C #山寨币突破 $XRP $BNB

Key focus on the effectiveness of Bitcoin's support at 118,000, as well as the stability of Ethereum at the 3,600 integer mark, to confirm the continuation of the trend.