After experiencing a pullback at midnight, today's morning session welcomes a counterattack. Bitcoin peaked at around 105631, while Ethereum closely followed its leader, achieving a rebound, rising to around 2539.

From the 4-hour K-line chart perspective, although Bitcoin has shown a slight rebound, it has not effectively broken through the key resistance level of the Bollinger Bands' middle track. Technical indicators show that the Bollinger Bands are forming a clear convergence pattern, indicating that market volatility is decreasing; in the MACD indicator, the DIF line has crossed above the DEA line forming a golden cross, and green energy bars are beginning to appear, suggesting that bearish momentum is weakening. However, investors still need to closely monitor whether the MACD can form an effective golden cross below the zero axis, which would provide a more reliable confirmation signal for the rebound. Due to the weekend, current trading volume is average; if the price is to effectively break through the middle track resistance, it must be accompanied by a significant increase in trading volume, making such a breakout more credible, treating it with a buy low and sell high approach.

Bitcoin: Short near 105600-105900, short-term target 103800

Ethereum: Short near 2550, short-term target 2480