The midday market showed a slight upward trend within the range, peaking around 93800 before facing resistance and retreating. Ethereum seems to be lagging a bit; although the bulls attempted to increase volume for a rise, they were once again blocked at the resistance level and could not continue to rally. Overall, the market is still maintaining a fluctuating pattern. During the afternoon, we adhered to the fluctuation and placed low buys, exiting with strength, and the current price is once again testing new highs.
From the current market view, yesterday's daily line closed with a large bullish K-line, and it is still operating above the upper Bollinger Band without showing any significant pullback, indicating that the overall trend remains strong. The upper track of the operating channel continues to rise, and the price action is characterized by sideways consolidation instead of a pullback, which actually reflects a stronger performance technically, indicating that the bulls have not loosened their grip, and the market is still testing the upper pressure. On the four-hour chart, after each rapid rise, the market did not experience a deep correction but mainly continued with sideways consolidation. It is currently in a transitional phase of fluctuation, with the overall situation similar to yesterday's and still showing a strong tendency. We will continue to maintain the strategy of 'buying on pullbacks and following up on dips.'
Bitcoin 93700-93400 buy, target around 95000.
Ethereum buy around 1770, target around 1840.