Looking back at yesterday's market, Bitcoin first opened the downward channel at midnight, oscillating down from the high point of 119376, while Ethereum was also under pressure, gradually falling from the high of 3754, dipping to around 3701 in the early morning. The two major cryptocurrencies showed a correlated pullback trend.

The current market structure indicates a typical tug-of-war pattern at the four-hour level, with the box range unbroken, still adopting a strategy of shorting high and buying low.

Morning operation suggestions

Buy Bitcoin around 1170-1175, target around 1190 $BTC

Buy Ethereum around 3600-3630, target around 3700 $ETH