Thursday Analysis:
This week's tug-of-war between bulls and bears may still continue. The 4-hour chart shows that after multiple attempts to rise, the price has retraced to the support of the starting point. If it can hold this position, there is still hope for further upward movement; if it loses support, it may turn to a decline. In the short term, the market is likely to continue oscillating with frequent shifts between bulls and bears, requiring flexible responses.
Trading Suggestions:
Bitcoin: Buy near 1105 00-11 1000, target around 113000
Ethereum: Buy near 4480-4500, target around 4600