Observing the Bollinger Bands indicator from the hourly level, the previous pattern of a strong price breakout above the upper band and moving out of the channel has changed. Currently, the price is gradually retreating back into the Bollinger Bands channel and slowly approaching the middle band. This trend reflects the demand for momentum digestion after the previous surge and indicates that there may be a certain space for correction in the short term, but there has not yet been a signal for a bearish reversal to dominate the market.

Bitcoin is hovering around 116300-115800, with a target looking towards 117500-118300, and a medium to long-term outlook of 120000.

Ethereum is hovering near 4750-4780, with a target looking towards 4880-4900, and a medium to long-term outlook of 5000$BTC $ETH #杰克逊霍尔会议 .