The crypto assets market is showing an overall trend of consolidation, with Bitcoin maintaining a high-level fluctuation pattern, while Ethereum has pulled back after reaching a high.

The intraday price fluctuation of Bitcoin has narrowed, oscillating mainly in the range above 110000 throughout the day, demonstrating strong support. From a technical perspective, the 4-hour chart provides a clear signal: previously, after multiple rebounds above the 106000 mark, the price successfully stabilized, followed by a series of bullish candles indicating an upward trend, with the entire process relying on the middle band of the Bollinger Bands to form a fluctuating upward pattern. The current key breakthrough is that Bitcoin has successfully stood above the middle band of the Bollinger Bands and has stabilized at this position, with the middle band on the 4-hour chart having turned into an important support level. As the price continues to rely on the middle band for upward extension, the subsequent upward space gradually opens up, with the next core target pointing to the previous secondary high point around 115000, which will become a key node for short-term bullish and bearish battles. The evening operational strategy must closely adhere to the effectiveness of the middle band support: if the short-term can hold the middle band support, a low-long strategy can be maintained; if it unexpectedly breaks below the middle band, adjustments to the operational logic need to be made promptly. Specific point suggestions: if it falls back to the range of 110000-109500, one can enter a long position, targeting around 112000-113000, and the previously established long positions at lower levels can continue to be held for greater upward space.

Ethereum has shown a trend of rising and falling within the day. The price slightly rose to around 3916 during the midday session but faced pressure and gradually retreated, currently oscillating back to around 3890, indicating some short-term correction pressure. From a technical analysis perspective, on the 4-hour chart, Ethereum successfully recovered the middle band of the Bollinger Bands after a low rebound and closed above it. This movement breaks the previous weak downward staircase, providing technical support for a short-term rebound. The hourly chart shows that it is still in the rebound process, but combined with the upper shadow left on the daily chart, the current rebound should be seen more as a confirmation of the upper shadow on the daily level, representing a multi-test high process rather than a clear trend reversal signal. Evening operations should be approached with caution, and it is not advisable to be overly aggressive in bullish or bearish views. It is recommended to primarily adopt a range-bound mindset and implement a strategy of shorting high and buying low. Attention should be paid to the breakthrough situation in the 3920-3950 range; if the range is broken, one can follow the trend accordingly, but if it continues to oscillate within the range, timely profit-taking and stop-loss measures should be taken to avoid falling into a passive situation.