From the current market view, after Bitcoin broke through 110,000, it fell back for adjustment. Subsequently, Ethereum once again recovered and brought it up to a five consecutive day positive trend at the daily level. In the long-term view, this round is the fourth rebound at the weekly level. Under the strong momentum of Ethereum at the daily level, we need to see if it can firmly stand above the 110,000 mark. The four-hour chart also shows a double top structure. During the day, pay attention to this position; if it doesn't hold, there is still the risk of a subsequent pullback. There will be data adjustments in the evening.

Around 110,300, look at the vicinity of 109,300. If broken, continue; if not broken, you can still buy Ethereum.

The market changes rapidly; refer to the current situation, and be sure to implement good risk management.