There is no dead end in life, as long as you face it bravely, difficulties can turn into opportunities. Believe in yourself, you can create your own brilliance. The midnight price surged above the 105000 mark, continuing the upward trend from the early morning, and during the morning it retraced to around 103795, forming another retracement. Ethereum, however, has been strong all the way, coinciding with our analysis, peaking at 2738 during the midnight surge. Overall, the momentum for the surge is strong, while the retracement momentum is weak. Currently, the price remains in a high-level consolidation. At midnight, we indicated to enter a long position when the price retraced to around 103600, and when the price surged to around 104500, we indicated to exit, resulting in a perfect gain of 1154 points. Ethereum signaled a buy near 2580 in the early morning and exited near 2720, achieving a perfect gain of 140 points.

Looking at the current market situation, the trend has introduced some volatility, but it still cannot change the strength of the bulls. The daily line closed with a bullish candle, recovering the retracement space of the previous few trading days, indicating that in the short term, there is still a need for correction. In the four-hour line, the bearish momentum has basically ended, and the next wave of increased volume still needs to gather momentum, while the candlesticks continue to decline, indicating a resilient downtrend. The retracement yesterday dropped to 100600, which provided a rebound, bringing the price back to its appropriate height. The lack of further downward testing also indicates that there is still some bullish momentum in the market, waiting for the bulls to gather momentum before continuing to look for bullish recovery.

Morning operation suggestions:

Bitcoin can be bought at 103600-103000, with a target near 105500.

Ethereum can be bought at 2655-2635, with a target near 2780.