Four-hour cycle analysis:

The price has rebounded after reaching the lower band of the Bollinger Bands, confirming the validity of this support level. Although there is a demand for a pullback in Bitcoin's fluctuating trend, it can quickly recover lost ground after a pullback, indicating that the bullish foundation is relatively solid.

One-hour cycle interpretation:

Ethereum bulls have taken the lead in launching an offensive, and there are signs of upward momentum in the short term. Currently, both bulls and bears are fiercely competing, but the bulls are accumulating strength. It is expected that the bullish momentum may be concentrated in the evening, driving the market to rebound.

Trading strategy:

- Bitcoin: It is recommended to set up long positions in the range of 4590-4630, with a target towards 4700.

- Ethereum: It is recommended to set up long positions in the range of 119400-119800, with a target towards 120400#CPI数据来袭 .