Thursday morning

The four-hour level stabilized and surged again from around 118,000, recovering most of the losses in the short term. After the increase in volume, the pace of rising will switch relatively quickly, and its volatility base is quite large. After the daily pullback stops, the main focus will be on the upward trend.

For Bitcoin, the range is around 122,500-122,000, with a target of 124,500.

For Ethereum, the range is around 4,715-4,700, with a target of 4,800.