1/3 Thought Analysis

Bitcoin is still in a range-bound situation. The price was pressured and pulled back to the 96018 low, but it failed to break this effective support, and then rebounded, reaching a high of around 97822. So far, bulls dominate the overall trend, although there is some room for pullback.

Ethereum showed signs of weakness after reaching a high of around 3511, moving downward in a range-bound manner, with a low point of around 3420.

Currently, Bitcoin has retraced on the daily chart without breaking the level and is rebounding. Bulls are starting to organize an upward move, but have not effectively broken the middle track pressure. Although it has retraced, the momentum is not strong; the bulls still need to gather strength. On the short-term four-hour chart, the price is steadily testing upward, with lower points consistently rising. Although there was a pullback, it has not regained yesterday's gains and is still operating around 97000, with weak bullish sentiment. Although a pullback is expected in the short term, the strength will not be too great. Key focus today is on the breakout situation around 98000; if it breaks effectively, the coin price is expected to approach the 100,000 mark again. In the morning, it is recommended to short once on the short term and then continue to look for bullish opportunities to see if the bulls can continue to attack.

Buy Bitcoin around 95500-96000, target around 98,000,

Buy Ethereum around 3400-3350, target around 3500-3550.