From the current market perspective, Bitcoin's daily chart continues yesterday's upward trend, showing two consecutive bullish candles with increased volume, and forming a double bottom structure near the previous low, which has a significant support effect. This support has transformed into upward momentum, driving the price for a second attack. On the four-hour chart, the price has interspersed to the middle track and has continuously closed with doji candles, presenting a consolidation trend. Although a strong unilateral structure has not formed, the bottom is being solidly constructed, and the trend direction is gradually becoming clear.
In the afternoon, it is still recommended to primarily buy on dips at lower levels:
Bitcoin can be bought in batches in the range of 113,300–113,800, targeting near 115,000;
Ethereum can be positioned for long orders in the 4270–4300 range, targeting near 4400.
