Today's market continued the morning's stop-loss recovery rhythm, and has currently oscillated back above 101200, completing a phase of low-level repair trend. Ethereum is developing in sync, overall, after yesterday's deep correction released bearish sentiment, the short-term market has entered a rhythm of repair and consolidation, the market rhythm has slowed down, and market sentiment has slightly warmed. The short-selling approach in the morning rebounded to the entry range after the price comparison, with Bitcoin entering at 101433, waiting to exit at 108565, locking in profits.

　　From the current trend, on the hourly chart, the current price comparison shows a small but strong continuity, reflecting that short-term buying pressure is still present. The lower shadow line is gradually rising, indicating that the market has initially formed a phase bottom support. The current K-line is testing the previous high, briefly stabilizing above the middle track; if the subsequent closing is solid, there is hope for further impact on the previous high of the 102900-103000 area. However, there is still considerable selling pressure above, with the middle track and around 103300 forming a short-term boundary between bulls and bears, which has not yet effectively broken through, still considered as a range oscillation recovery market. In the short term, a rebound can be expected.

　　Bitcoin long at 100400-100800, targeting around 102700; Ethereum long around 2220, targeting around 2280.