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Good morning, everyone! A new day at the market has already begun. Looking back at yesterday's trading, the big bitcoin first experienced a slight correction, then began to fluctuate upwards, confidently breaking through at midnight, updated the all-time high at the 111959 level, after which it rolled back to the level of 111000; Ether from the evening peak of 2679 fluctuated down to 2625, after which it gradually stabilized and rebounded.
Recently, long positions have been very strong, constantly pushing the ratio to new highs. It is worth noting that after each rise a pullback is observed, but the key psychological level of 110000 demonstrates very strong support, effectively protecting long positions.
From a technical chart perspective on the four-hour level, Bitcoin and Ether maintain high volatility. The candle has a small body, indicating that both sides are caught in a tense struggle; however, neither side has achieved a decisive advantage, and the movements of technical indicators have also slowed down.