Due to the news signals from yesterday, the market experienced a strong pump. In the early morning, the BTC price briefly touched the 120000 mark but failed to form an effective breakthrough and is currently consolidating around this key position. In contrast, the performance of Ether is particularly remarkable, showing a strong one-sided upward trend. The price has successively conquered key resistance levels, and after a brief resistance at 4500, the long positions continued to make a strong push, soaring to a high of 4640, demonstrating extremely strong market resilience.

From a technical perspective, BTC has formed a step-like upward pattern at the daily level, currently trading in the upper Bollinger Band region. Although the intraday rebound has recovered some lost ground, the volume-price coordination still needs to be strengthened, and the upward channel has not yet fully opened. However, the new high price testing behavior indicates that there is still room for further upward movement in the medium to long term, with the potential to refresh historical highs. Looking at the four-hour level, the ascending channel is clearly visible, with price lows continuously rising and the Bollinger Band opening upwards, showing that short-term pullbacks are part of the long positions accumulation process. The strong performance of Ether speaks for itself, as the price continues to break through key resistance levels, just a step away from historical highs. It is worth noting that the US stock market has also been hitting new highs recently, showing a strong correlation with the trends of both markets. In this market environment, the upward trend of Ether is expected to continue.

It is recommended to lightly pump in the range of 12000-119500, with a target of 121000; Ether can be lightly entered around 4500, aiming for 4800. During the trading process, closely monitor market dynamics and macro factor changes, and reasonably control long positions, preferably adjusting based on real-time analysis.