From a four-hour perspective, the price comparison still operates above the middle track. The multiple dips have all halted at the middle track, and the lows have followed upward as the middle track continues to rise. Given the repeated retests without breaking down, I remain firmly optimistic about going long, which is also the main tone of our layout this week. The price on the market has retreated after a high-pressure surge, referencing the previous lows and earlier secondary lows. This is a typical head-and-shoulders bottom pattern, and there is a significant possibility of forming a bottom pattern here, leading to a new round of upward movement. Meanwhile, the pullback after the high points is merely a sell-off after being overbought, and it hasn't genuinely weakened. Currently, the extent of the pullback compared to the rise still shows a large gap; the overall upward trend has not changed, it has just undergone a correction, nothing more.

  In the evening, Bitcoin is trading around 114700-114500 for a direct long, targeting 117000. Ethereum is trading around 4135-4115 for a direct long, targeting 4250. $ETH