Friday morning thoughts

In the battlefield of contracts in the crypto world, don't be afraid of volatility! Every rise and fall is a hidden opportunity. A temporary low is meant to accumulate stronger power. Trust your judgment and stick to your strategy, just like sailing steadily through a storm. Last midnight, Bitcoin experienced a strong pullback, with the price dropping from the peak of 111275 to a low of 109300 before rebounding. Ethereum maintained a synchronized movement with Bitcoin last midnight, with the price fluctuating down from the high of 3934 to a low of 3818 before rebounding.
According to the current market situation, the four-hour level shows that after a certain pullback, the market is once again experiencing a rebound. The price briefly touched the middle band of the Bollinger Bands and left a certain lower shadow, which is enough to indicate that the middle band provides strong support and serves as an important barrier for the bullish rebound. Therefore, as long as this position is not broken, the pullback is merely a normal correction method. From the one-hour level, the market has now formed a trend of four consecutive upward candles. This support area at the middle band of the Bollinger Bands provides a solid foundation for the market's upward movement, allowing the price to receive effective support during pullbacks, thus avoiding significant declines. The price is firmly above this support area and uses it as a springboard to initiate a new round of increases. Therefore, in the morning operations, we will maintain a low long mindset.
BTC: Buy around 110000-109500, target 111500-112000
ETH: Buy around 3830, target at 3950-3970
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