The ideas provided in the morning were accurate. BTC tested the upper resistance level of 113500 multiple times without any issues, but the overall rebound strength of Ether has been somewhat disappointing. The coin price has been in a state of oscillation at a high level, but it's not a big problem. I still maintain that regardless of whether we look at it from a macro perspective or a technical analysis perspective, a rebound is a natural outcome; it just needs time. In the morning, BTC directly took down 1000 points and left the market.

From the current trend, to be honest, in the hourly level, BTC's retracement low is continuously rising. The bulls are steadily regaining lost ground. Although the price has faced multiple pressures and retreated during the upward movement, the pressure above is also very obvious, but the effective support below is gradually narrowing the retracement range. Currently, the market is mainly characterized by wide fluctuations, but the overall direction has returned to a bullish pattern. In the afternoon, I still expect the coin price to continue rising. If it successfully breaks through the key resistance level of 113500, we can directly look at 115500. Ether is in sync with the BTC pattern, and although it has been maintaining a state of fluctuation at a high level, isn’t this a signal for a rebound to be released? I reminded everyone yesterday that after Powell's dovish speech, market liquidity has increased, and the market will definitely rise.
The afternoon strategy continues to maintain the idea of retracement to enter long.
BTC can be bought around 112000, looking for a breakthrough at 113500.
Ether can rebound between 4100-4080, looking at 4350.
It is recommended to set a larger stop-loss.