$BTC Tonight's market trend brings quite an "unexpected delight." Bitcoin successfully broke through the 120,000 mark, briefly igniting enthusiasm. As it retraced, I suggested decisively going long to capture the rebound. In the early hours, Bitcoin slightly retraced to a low of 119,172 before rebounding, peaking at 120,324 before stopping. Ethereum continued its upward trend, rising to a high of 4,637 in the early hours. The Ethereum long position set up at midnight was entered around 4,460 and perfectly took profit near 4,565, securing 60 points!

The four-hour level shows that after a retracement, the market is gradually recovering the upper Bollinger Band. The Bollinger Band is opening and moving upward in parallel, and the KDJ indicator has formed a golden cross with the three lines continuing to diverge upward. As the retracement momentum continues to weaken, the bulls have gradually regained most of their lost ground and are taking control of the overall trend. Observing the one-hour level, the market briefly broke through the lower Bollinger Band before stopping its decline and rebounding, with the bearish candle's body accompanied by a significant long lower shadow, and the KDJ indicator has formed a golden cross at this level. Overall, in the afternoon operation, it is advised to pay attention to rebound opportunities after the retracement.

Bitcoin can go long near 119,000 with a target of 121,000. Ethereum can go long near 4,530 with a target of 4,650.