Bitcoin and Ethereum have recently experienced some volatility and pullbacks, but there are still opportunities for new highs ahead.

Bitcoin is currently in a 1-hour level consolidation and is still in the third downward phase, which has not ended yet. The support below can be observed in the range of 115,000 to 116,000. If it can hold above 115,000, after the pullback ends, it may initiate a 1-hour level rise, potentially exceeding the previous high of 123,218. If it breaks below, it might trigger a 4-hour level pullback. In the short term, there is still downward space at the 15-minute level, and we need to wait for it to reach the target range before making any decisions.

Ethereum, although performing strongly, normally also needs to complete a 1-hour level pullback, which would require breaking below this morning's low to be considered finished. The pullback target can be focused between 3,350 to 3,400. After the pullback ends, the next wave of 1-hour level rise is hopeful to challenge 3,700 or even higher.

Currently, the trends across all timeframes have not changed: the weekly and daily charts are trending upwards (with daily targets between 120,000 to 130,000); the 4-hour level rise is better than expected; the 1-hour level is still bullish after consolidation, while the 15-minute level is short-term bearish, with a key focus on whether Bitcoin's support at 115,000 is strong enough. For short-term trading, we need to wait for the pullback to be in place and patiently seize the upcoming rise opportunities. #ETH🔥🔥🔥🔥🔥🔥 $ETH