Today's overall layout is quite good. Although there was a loss of 400 points in the middle, the overall profit is still decent. It's not the case that after a rebound, one should go long immediately; rather, it requires comprehensive analysis based on market trends, structure, and fundamentals. This is the precise control over the market!

Based on the 4-hour chart, Bitcoin is currently stabilizing at the key support level of 108,000. It remains in the middle band of the Bollinger Bands, which are narrowing, indicating a choice of direction after a decrease in volatility. The RSI has rebounded from the oversold area to 45, indicating room for recovery. Similarly, ETH has found buying support at the 4,380 support level, not breaking below the lower band of the Bollinger Bands, and the overall trend structure remains intact. The current market is in a key phase of high-level consolidation, ready to move. The afternoon's rise and fall is a typical resistance level test and profit-taking behavior, and we will act accordingly in the evening.

Bitcoin can be tried long at 107,800-108,200, with a stop loss below 107,000.

Ethereum can be lightly bought at 4,350-4,380, with a stop loss at 4,280.

Target levels:

Bitcoin first looks at 109,500.

Ethereum first looks at 4,450, then 4,600.

Pay extra attention when trading Dan, if BTC breaks below the lower band of the Bollinger Bands at 107,000 with volume, the long position will be invalidated and one should exit. #BTC #ETH