Today's market has closed. During the morning session, prices surged strongly, establishing an overall upward tone for the day. After a brief pullback to the key level of 106000, an effective bottom support was formed, initiating a fluctuating upward trend. In the evening, prices broke through the 107000 level, and after a brief consolidation, the bullish momentum continued, reaching the previous resistance range of 108000 - 109000, before retreating under upper pressure. As of now, prices have returned to around 107000, entering a sideways consolidation phase, with both bulls and bears engaged in intense competition. We have maintained a bullish strategy, and today's market movement has validated this judgment, with an intraday high-low fluctuation of nearly 3000 points, following operations have been quite rewarding, with short-term opportunities for both bulls and bears during the day session, and a correct one-sided direction in the evening. The market is so easy to grasp; have you followed my thinking to trade?

From a technical analysis perspective, the daily level has achieved three consecutive bullish candles, but the upper shadow line is continuously lengthening, indicating a decrease in bullish momentum, and strong resistance above. However, there is still some upward space. In the future, we should focus on whether prices can once again challenge the resistance range and refresh the high point. The four-hour level shows that after continuous increases, the market may enter a pullback cycle. Last night, after a peak and retreat, the bulls attempted a second attack but failed, and currently, prices are stabilizing and adjusting around 107000. In the short term, bulls and bears are at a stalemate, with significant bearish pressure; it is recommended to adjust the strategy to a bearish outlook. It should be emphasized that the market is highly volatile, and risk control must be well managed during operations.

Bitcoin can be shorted in the range of 107500 - 108000, with a short-term target of 106000. If bearish strength is strong, it can be looked at further down. If the upper resistance level of 108000 breaks and stabilizes, a long position can be taken; for Ethereum, it is recommended to short in the range of 2430-2450, with a target price of 2340.