From the perspective of technical analysis on the daily chart, the price is currently operating steadily above the middle band of the Bollinger Bands. Although there has been some pullback previously, the overall strong pattern remains solid, and the current trend is clearly in an upward direction. The daily chart shows a significant rebound trend, with the market gradually reclaiming previous losses, and the lower lows are continuously rising, indicating strong short-term rebound momentum. This rebound trend is expected to continue. Judging from the overall trend, the magnitude of this round of correction is relatively limited, making it difficult to shake the bullish dominance, and it is also unlikely to form a substantial reversal; instead, it may create a trap for shorts, increasing the possibility of market consolidation. Therefore, although the short-term trend seems to lean towards a continuation of weakness, it can actually be seen as a prelude to bullish positioning, with the overall structure still predominantly bullish.

Observing the technical indicators on a smaller time frame, the price has found strong support around 98000, and this key level has been successfully confirmed. According to the rules of technical analysis, since the key support level has been validated, it is highly likely that a new round of rebound will follow. The actual trend has also confirmed this, as the price has successfully stabilized above the important threshold of 100000. It can be seen that every time the price pulls back to this key area, it presents an excellent entry opportunity. Grasping this rare bullish opportunity could allow one to ride the wave of the bullish trend.

Specifically:

Bitcoin $BTC : It is recommended to set up long positions around 100600, with a stop-loss set below 98000, and target at 101800.

Ethereum $ETH : It is recommended to enter long around 3650, with a stop-loss set at 3610, and a target of 3710.

The current market atmosphere is overall tilted towards bullish dominance, and one only needs to patiently wait for reasonable pullback points to better participate in this upward trend.