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Bitcoin and Ethereum have had some fluctuation pullback recently, but there is still a chance to reach new highs again.
Bitcoin is currently in a fluctuation at the 1-hour level, still in the third phase of the decline, not finished yet. The support below can be observed in the range of 115000 to 116000. If it can hold above 115000, after the pullback ends, it may initiate a rise at the 1-hour level, potentially exceeding the previous high of 123218. If it breaks below, it might trigger a pullback at the 4-hour level. In the short term, there is still room for decline at the 15-minute level, and we will have to wait until it reaches the target range.
Ethereum has shown strong performance, but it normally needs to complete a pullback on the 1-hour level, and it must break below this morning's low to be considered finished. The pullback target can be focused on between 3350 and 3400. After the pullback ends, the next wave of 1-hour level increase is expected to challenge 3700 or even higher.
Currently, the trends in all periods have not changed: the weekly and daily lines have been consistently rising (. The daily line target is between 120,000 and 130,000 ); the 4-hour level rise is better than expected; after a consolidation in the 1-hour level, the outlook remains bullish, while the 15-minute level shows a short-term downward trend, focusing on whether Bitcoin's support at 115,000 is strong enough. Short-term operations need to wait for the pullback to be in place; be patient to seize the upcoming upward opportunities. #eth# #ETH Breaks $3600#