The intraday market situation is coming to an end. BTC showed a strong rise in the morning, reaching a peak of 122335 at midday, and then faced pressure and fell back. By the evening, the decline had already reached three thousand points. Overall, the day presented a pattern of a rise followed by a fall. Ether also pulled back to around 4166, confirming that the bottom support is solid. The price comparison rose again, breaking new highs. We also made several successful trades. Although there was a small loss in the evening, it was quickly recovered afterward. The strategy of buying on the dips has been consistently validated. Every strategy was communicated in advance; we never engage in hindsight wisdom to boast about ourselves.

Currently, from the perspective of the BTC daily chart, the price is still in a bullish trend. Both the Bollinger Bands and MACD indicate strong bullish momentum, suggesting that there is further upward potential for the price. However, the KDJ indicator shows that the market has entered the overbought zone, indicating a possible need for a pullback in the short term. If the price can effectively break through the upper band and stabilize, then further bullish movement can be anticipated. Special attention should be paid to the stability of the middle band support level. Switching to the hourly chart, the price has pulled back after reaching a high, with the MACD showing a death cross and the momentum bars expanding, indicating a release of short-term bearish pressure. However, the KDJ shows signs of a rebound at a low level. Moving forward, we should focus on the price's testing of the middle band. In the short term, for Ether, the bullish momentum remains strong. After breaking upward, there is still potential for further rises, so we should pay attention to the resistance at the upper band. Our strategy remains to buy on dips.

BTC is hovering around 120,000, with a target looking towards 122,800. The key support below is at 119,200. Ether should continue to test lightly around 4,275-4,250, with a target directly at around 4,400.