#BTC #ETH Today's market shows a trend of rising and then falling. In the early morning, the price reached around 120300 but failed to sustain the breakout, then shifted to a fluctuating downward rhythm, with the lowest point currently touching around 117860. Although the price has encountered a short-term pullback, considering the previous continuous uptrend, the offensive desire for the market remains significant. During the pullback, there has been no sign of large volume selling, and the support area below has shown decent strength. Overall, the market sentiment remains unchanged this evening, with a focus on the release of rebound momentum after stabilizing at low levels.

Currently, the market needs to pay attention to the effective support at around 118500, which is the key position for the previous upward movement. If it can stabilize, the market is expected to show a rebound trend. Even with short-term fluctuations, the foundation for a rebound remains intact. Compared to the previous market, the current market has more potential advantages in trend continuity, allowing for light positioning in long positions, with a stop-loss reference near 117500, the second key support level, to speculate on the market's counterattack trend.

Operating Suggestions

Long positions around 118000, target at 120000

Long positions around 3650, target first at 3750