The candlestick chart of the cryptocurrency market is a battleground of greed and fear for millions of traders. In the intertwining red and green candles, greed roars during surges, and panic spreads during drops; every fluctuation is a reflection of collective psychology. True traders understand that candlesticks are merely traces of the market's breathing—breakouts are not necessarily celebrations, and crashes are not always the end. Some are anxiously staring at the five-minute chart, while others remain calm with the yearly chart as their gauge. After Bitcoin stabilized around 118,000 in the evening, it experienced a surge, reaching a high of 118,700, but the key resistance remains around 119,500. Currently, the price has retraced to around 118,500, still within a short-term strong range. If it retraces without breaking the support at 118,000, it is expected to build momentum for another upward attack. If it can break through 119,500, it will further open up upside potential, targeting the 121,000-122,000 range. #以太坊突破3700 $BTC

Ethereum, on the other hand, is showing a trend of catch-up, with a stable performance and no deep pullbacks, indicating strong market buying. Currently, after stabilizing above 3750, the next target is aimed directly at the psychological level of 4000. If it retraces within the 3700-3750 range without breaking, the bullish trend remains unchanged, and there is potential for further upward movement.

Overall, the market sentiment is leaning bullish; if BTC stabilizes above 118,000 and ETH holds above 3750, there still remains upward potential in the short term, with attention to the breakthrough of key resistance levels.