morning market saw Bitcoin's dip to around 102500 stabilize after a bottoming out in the early hours, leading to a certain recovery for bulls. The morning session welcomed a bullish rebound, with the price recovering to around 104400 and currently oscillating around 104000. Ethereum continues to follow Bitcoin's trend, with the market returning to normal, but the bullish momentum for Ethereum in the morning session was insufficient, and it did not attempt to test the resistance at 2600.

From the analysis of the 4-hour technical structure, there are clear signs of exhaustion in the downward momentum, and the effectiveness of the current upward trend line remains well maintained. As the support levels show a stepped uplift, the bearish volume continues to shrink, and the price is gradually returning to a reasonable repair range. This technical repair process requires time to settle, and it is expected that the key support in the short term will be at the price level of 102000, leading to oscillation or pullback