The current market has weak continuity, and the short-term trend is flat, remaining within the previously mentioned range of fluctuations, compressed between 114000 and 112500. In such a range, there is no absolute direction for price increase or decrease. Pursuing a one-sided rise or fall will be very challenging. Therefore, trading should revolve around the upper resistance and lower support, focusing on high short and low long operations, with short-term layouts being a good choice for accumulating positions.
Regarding the current oscillation rhythm, in the short term, it is still possible to look for rebounds, as there is some space above. After all, the market will not always correct or oscillate; it is highly likely that a one-sided trend will appear again later. Overall, the current trend structure shows a bullish recovery, just temporarily staying in this range after a pullback. Even if there is a retracement, it has not formed a continued downward trend. The overall major trend should still be primarily bullish, and in the evening, we still look favorably on the bullish recovery performance.
BTC: Long in the range of 113200-112700, target 115500-116800
ETH: Long in the range of 4185-4150, target 4300