Due to the current market operating in a volatile pattern and not forming a one-sided trend, a high sell and low buy strategy can be adopted. The short-term pressure for Bitcoin is around 96,000, the pattern is complete but momentum is weakening, and one can participate in downward pullbacks. Currently, Hangqing is facing pressure and has fallen back after rising, while Bitcoin continues to fluctuate within a range, entering a rhythm of volatility. Looking at the four-hour chart, the Bollinger Bands show a significant opening state, with support continuously moving up. Without breaking through the support and resistance levels of the range, we will treat the day’s market with caution.

In the short term, we still need to pay attention to the area around 95,700-96,300. If there is no breakthrough above 96,300, we will still focus on the high side, targeting 94,200-93,700-93,200 nearby.

For Ethereum, buy in the 3,350-3,370 area, targeting 3,450. If it doesn’t hold, then we will consider reversing to short, targeting 3,300-3,280-3,250.