(9, 24 morning market analysis strategy) The current trend structure remains stable and unchanged, with the key support level at 111,400 below being the core watershed of the long-short game. If the market can hold the support at this position during a pullback without breaking below effectively, there is hope for continuing the rhythm of range-bound fluctuations, and the balance of long and short forces will be maintained temporarily. Observing from the 4-hour chart, Bitcoin's upward pattern after hitting the bottom continues to rise, with the bottom gradually being raised, and the rebound trend is effectively continued. Although the current market presents a brief adjustment with three small bearish candles, it has not caused substantial damage to the overall rebound structure, and the short-term adjustment is more inclined towards a healthy correction within the trend.

Bitcoin $BTC 111800 - near 111400 long target 113100

Ethereum $ETH 4150 - near 4120 long target 4250