The early market has begun to unfold. Bitcoin experienced a pullback after reaching around 108800, and Ethereum also fell back after testing around 2780. Some long positions established in the morning have partially taken profits and exited. The long positions from the early morning have also basically achieved breakeven or small profits before exiting.
From the one-hour level perspective, after the morning rebound, Bitcoin's price has temporarily moved away from the lower Bollinger Band and is currently in a range-bound consolidation. Technical indicators are gradually warming up and turning upward, suggesting that a structure of oscillating upward may form in the future. For short-term operations, we will continue the morning's long position strategy into the afternoon.
