The morning market continued the bearish downward trend from the previous night, with Bitcoin briefly dipping to around 114200, while Ethereum touched the 3613 range, before both experiencing a rebound.

From a technical perspective, the daily candlestick shows an increase in bearish momentum, while also forming a lower shadow bullish candlestick, indicating some support below; the four-hour chart also exhibits increased bearish volume along with a lower shadow bullish candlestick, intensifying the short-term tug-of-war between bulls and bears; the hourly chart displays characteristics of bearish volume contraction, with prices showing a rebound upwards, but still facing pressure from above in the short term, likely entering a phase of oscillation and consolidation.

In terms of operations, Bitcoin could focus on buying opportunities in the 115000-115500 range, with a target initially aimed at 116500-117500; Ethereum could pay attention to buying opportunities in the 3660-3690 range, targeting around 3750-3780.

The above is a personal opinion and does not constitute investment advice, for reference only.