In the evening, Bitcoin reached a high of 112470, currently consolidating around 112100. Ethereum is showing stronger performance, with a maximum of 4478, and currently oscillating around 4460. Today, a total of two waves of layouts were made (not counting short-term) and also yielded significant profits, all layouts were disclosed in advance. The performance can be verified across the entire network.

Bitcoin's short-term technical structure has turned slightly bullish. The current price has broken through the upper Bollinger Band on the hourly chart, although facing some resistance, the overall momentum has clearly improved compared to the previous weeks. Currently, the key resistance level is in the range of 112500-113650. If it can close above this area daily, it will confirm the disruption of the downtrend from the past two weeks, opening up upward space towards 116300 or even 117500. Ethereum's technical indicators show more apparent bullish momentum. The 4-hour chart indicates that if the price can stabilize above 4500, it will mark a breakthrough of the recent high point downtrend line.

Subsequent arrangements

Short-term bullish: Consider entering the market in the 111000-111200 area, with a stop loss set below 109500, targeting 113000-113500.

Medium to long-term layout: If the price can break through the 113650 resistance on a daily closing basis, additional long positions can be added, targeting 116300 and 117500. #BTC #ETH

For Ethereum, short-term can go long around 4430-4410, looking towards 4550.