The Bitcoin/Ethereum market has shown alternating upward trends in recent days, which also indicates that this round of rally is basically coming to an end. Moreover, both have broken recent highs, and Bitcoin has repeatedly faced pressure and retreated below previous highs. The current price of Bitcoin we laid out in the morning has also retreated to around 2750 as expected. Friends trading Bitcoin can currently try a long-term strategy, aiming to buy around 95000 when Bitcoin is near 110000. The market stage is reaching a peak, and there is no need to chase more. The daily chart shows that Bitcoin's Bollinger Bands have started to narrow, with obvious pressure from above. Now, we will focus on Ethereum's recovery tonight, particularly the breakout situation around 2880.

Previously, we mentioned that the previous high around 112000 for Bitcoin serves as the current maximum resistance level, and there is no need to chase more for a couple of thousand points of space. The trend is indeed strong, but chasing more is not advisable. Moving forward, we should primarily focus on the first support level at the 100000 mark; if that breaks, we look at the 95000 level. Therefore, as mentioned earlier, a long-term position can be planned around 95000. Ethereum has also retreated and surged multiple times in the past two days, which is the last gasp of the bulls. Currently, we can continue to look for a retreat after the surge tonight.

Tonight's operation suggestions: BTC: Buy around 110000 to 110500, target around 108000; ETH: Buy around 2840 to 2860, target around 2760. Long-term targets are 95000 and around 2100.