After Bitcoin's strong breakthrough at 119000, it continues to challenge the key resistance level of 120000. Although the short-term cycle shows a fluctuating consolidation pattern, the mid-line support in the four-hour chart is solid. As long as this support level is not effectively broken, the overall bullish outlook can continue.

Ethereum's pullback is within expectations, and the 3600 support level has shown signs of stabilization. This pullback is a good opportunity for positioning, and an upward trend is expected to begin. From a technical perspective, the DIF and DEA are converging near the zero axis, and the momentum bars have turned from negative to positive, with short-term buying and selling forces in a stalemate, overall slightly biased towards strength.

Operational suggestions:

- Bitcoin: Go long in the range of 118200-118700, targeting 121000-122000

- Ethereum: Go long in the range of 3550-3580, targeting the range of 3680-3940 $BTC $ETH #ETH突破3600 #以太坊连续两日领涨