The early morning market has finished, and Bitcoin has rebounded to 105,000 but encountered resistance again. It continues to explore highs and falls step by step to form a pattern, while Ethereum also follows the same trend as Bitcoin, continuing to reach up to the break point of 2,700. Currently, it is still oscillating near the high of 104,000.

On the daily chart, Bitcoin's price has once again risen to the upper track, with a solid bullish candlestick closing with long upper and lower shadows. The daily line is caught in high-level oscillation and consolidation. It surged in the morning but lacked the strength to break the high, indicating a significant need for short-term adjustments. The 4-hour chart shows three consecutive bullish candles forming a staircase pattern, creating a V-shaped structure, with bulls continuously testing this level. This rebound has still pulled the market from the lower track to the mid-upper track for horizontal consolidation. Currently, there is pressure at the high point, and early morning operations can consider pulling back to take long positions, while operations still need to be flexible in response to the structural patterns.

Bitcoin can be bought around 103,000, targeting 105,000, and Ethereum can be bought around 2,650, targeting 2,730. #比特币 $BTC