Early Morning Analysis:

During the night, Bitcoin surged from the 117800 level, reaching a high of 119100 before entering a short-term consolidation, showing a 'surge and rest' rhythm.

The hourly BOLL shows an expanding structure, with the bag mouth widening indicating an increase in short-term volatility, and the upward slope of the three lines confirming strong trend continuation. The price is operating above the middle track, with robust buying support.

In terms of operations, Bitcoin can establish long positions in the range of 117500-118000, targeting 119000-120000; for Ethereum, positions can be established in the range of 4120-4180, targeting 4320-4380. $BTC $ETH