After experiencing previous bearish pressure, the market welcomed a concentrated outbreak of bullish sentiment on Friday evening, seemingly releasing all the suppressed emotions of the bears against the bulls. Bitcoin bounced back strongly after testing the weekly low of 111600, soaring to reach a historical high of 117413. Ethereum similarly broke through its previous high from a low of 4207, hitting 4886. It was also mentioned earlier that this rebound in the market was something that had been indicated beforehand; it's just a matter of whether those who were not following along in real-time were able to catch up. On Friday, Bitcoin gained over 7500 points, while Ethereum gained over 760 points.

Technically, a typical 'V-shaped' reversal pattern is evident, with the long-term daily trend remaining bullish, fully validating the effectiveness of the support below. In terms of key levels, Bitcoin's primary support is in the 114500-115000 range, with strong support at 111600, and resistance to watch is the historical high of 117413; for Ethereum, primary support is in the 4650-4700 range, strong support at 4500, and resistance is at the previous high of 4886. Indicators show the 4-hour RSI has healthily retreated from the overbought zone, while the MACD shows signs of another golden cross above the zero axis, representing a typical technical adjustment within a bullish trend, accumulating momentum for further rises. Overall, the technical outlook remains bullish, and breaking through the previous high will open up new upward space.

Bitcoin suggestion: Buy around 114500 targeting 117500 ⬆️

Ethereum suggestion: Buy around 4650 targeting 4880 ⬆️$BTC #ETH创历史新高