Today, the overall trend maintains a strong rebound pattern. In the early Asian session, it continued the upward momentum from last night and gradually stood above the 106000 mark. In the afternoon, the bulls continued to push higher, and by the time the U.S. session began in the evening, the market accelerated its rise, quickly breaking through the 107000 level. The market then experienced high-level fluctuations and adjustments, with multiple tests of the resistance at the 107500 level in the short term. Currently, the highest price explored is 107867, with an overall fluctuation exceeding 3300 points, indicating strong bullish sentiment in the market. Ethereum synchronized this movement, peaking at around 2656, but has slightly retreated and is currently running around 2630.

From the current trend, on the hourly chart, the candlestick has continuously closed in the positive, and the main trend remains upward. It is currently operating near the upper band, with bulls in control. The Bollinger Bands are widening, with strong support at the middle band. The short-term bull-bear battle is focused on whether there will be a breakout above 107500. In terms of MACD, it is in a golden cross structure, but the red bars have slightly contracted, indicating a slowdown in upward momentum, and caution is needed for potential short-term pullbacks after exhaustion of momentum. The KDJ indicator has been in the overbought zone for a long time, and there may be a need for technical adjustments in the short term, especially requiring attention to ensure that pullbacks do not break the support of the moving averages. The current price is at a high level, and it is recommended to lay out long positions after a pullback.

Long positions for Bitcoin at 106800-107200, aiming for 108500-109000, with a stop loss below 106300; for Ethereum, long at 2600-2620, aiming for 2700.