The 4-hour chart of $ETH shows a bullish hammer candlestick pattern. Ethereum is following the fluctuations but is more resilient, rebounding 3.4% from a low of 3627 to a high of 3751, breaking through the descending channel on the hourly chart. In terms of key levels, Bitcoin has strong resistance at 120200 above and the dividing line between bulls and bears at 118800 below; Ethereum needs to break through this key level of 3780, while 3700 is an important support. Looking at the indicators, market sentiment is slowly improving, but caution is still needed due to the risk of sudden market volatility.

Trading Suggestions:

Bitcoin: Consider going long when it drops to 118600 (stop loss at 118000), target 121000.

Ethereum: Consider going long around 3680-3700; if it breaks through 3770, you can add to the position, target 3800#NFT板块领涨 .