#ETH #BTC Today, the Bitcoin price comparison faced pressure in the early morning, dropping to the 116490 line. Subsequently, the bulls quickly organized a counterattack, rising to the 119777 line in the afternoon, and currently retreating to around 118200 for consolidation. In terms of operations, we continued with a low bullish strategy today, placing a long position when the price fell to the 116700 line in the morning, and exiting around 118500 at noon, successfully capturing over 1700 points of movement; the synchronous operation also gained 101 points. Although there was a pullback in the price comparison tonight, the overall low bullish strategy remains feasible, and it is recommended to continue seizing the pullback opportunities to place long positions.

Hourly technical analysis shows that today the price comparison is exhibiting a fluctuating upward pattern, with a brief counterattack from the bears before quickly being reclaimed by the bulls, indicating strong dominance from the bulls. At the same time, the Bollinger Bands are gradually narrowing, suggesting that market volatility is decreasing in the short term, and prices are likely to consolidate and accumulate strength within the current range before continuing the upward trend. The bulls are expected to exert more strength to push the price comparison to break new highs.

Operational suggestions:

Long position near 117500 for Bitcoin, targeting 120000, and if broken, continue to look upwards.

Long position near 3770 for the altcoin, targeting around 3900.