After a period of horizontal consolidation, the morning market began to pull back at the 95358 line, descending all the way to the 93405 line. However, the bullish forces reacted quickly, launching a recovery action that pushed the price up to the 94845 line. Meanwhile, Ethereum remains in a sideways trend with relatively small price fluctuations. The morning session captured a 900-point pullback.

From a technical analysis perspective, the four-hour chart shows a significant opening of the Bollinger Bands, with the coin price operating near the lower band. However, the price quickly rebounded after breaking through the lower band. The morning market exhibited a trend of alternating bullish and bearish movements, with the KDJ indicator turning upward to form a golden cross, while the MACD volume also began to gradually slow down, maintaining a neutral outlook in the afternoon.

Bitcoin: Near 93500-94000 can be considered for short-term target 95500

Ethereum: Near 3300 can be considered for short-term target 3400