Thursday early morning Bitcoin Ethereum market analysis and trading suggestions

Looking back at the overall trend on Wednesday, Bitcoin surged strongly to the 113940 level in the early hours before being pressured and falling back, while Ethereum simultaneously reached a high of 4108. After the surge, it immediately closed lower, with the price once retreating to near the starting point. The market then shifted into a consolidation phase, with the volatility gradually narrowing.

The four-hour level is still in an ascending structure at the tail end, maintaining a strong overall trend. However, the current rebound has released a significant amount of space, and the subsequent market is expected to shift into a winding consolidation, presenting a pattern of advancing two steps and retreating one step. While the volatility base is being expanded, new highs are often accompanied by rapid pullbacks for correction, and this type of movement will become the norm in the near future. Although the rhythm shows fluctuations, the overall pattern of small-step upward consolidation has not changed.

In the current bullish trend, one should not underestimate the upward momentum simply because prices are high. Each effective pullback is a normal correction within the trend and an opportunity to position long orders. Today, we continue to maintain a bullish outlook, focusing on entry opportunities after a pullback stabilizes. The current market characteristics are clear: every round of new highs is inevitably accompanied by a technical pullback, which often creates a false impression of trend reversal in the market but is actually a process of accumulation for the bulls. In terms of operations, one only needs to strictly adhere to risk control, patiently waiting for signals of stabilization after a pullback, and position long orders in the direction of the trend.

Operation Suggestions:
Bitcoin: Long in the 107500-107800 range, target above 110000
Ethereum: Long in the range of 3780-3800, target 3950
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