The market on Wednesday, $BTC , has come to an end. Some are happy while others are worried. We once again witnessed the frenzy of Bitcoin bulls, with Ethereum rising alongside it. During the day, Bitcoin dipped to a low of 105010 but stabilized and began to rebound; it gradually moved higher in a slow and steady manner, with a slight pullback in the afternoon before continuing to oscillate upward. Later in the evening, there was another strong surge, reaching a high of 109690, with an increase of nearly five thousand points. Ethereum dipped to a low of 2367, then rose to a high of 2588, with a gain of 221 points.

The daily chart for Bitcoin shows a large bullish candlestick pulling upward, and Ethereum has shown a similar pattern, recovering all the losses from the previous two days. It has continuously broken through effective resistance levels above and has set a new high recently, in line with our consistent bullish outlook. Although the previous two days didn't see much movement, as soon as the market comes alive, it becomes a day of celebration for bulls; both Bitcoin and Ethereum's 4-hour charts have shown a bottoming rebound pattern. The price stabilized and rebounded after touching the lower Bollinger Band support, pausing slightly at the middle band, but this is just a normal oscillation correction. After building momentum, the price continues to rise with a strong upward movement, directly breaking through the upper Bollinger Band resistance, shifting from weakness to a strong bullish rhythm. The strategy for chasing prices remains unchanged, with strength not indicating a peak, and we continue to buy on pullbacks.

In the early hours, Bitcoin can be bought in the range of 109300-108800, targeting around 112000; Ethereum can be bought in the range of 2570-2550, targeting around 2650.