As we come to Friday during the day, Thursday was also bullish all the way. BTC has entered a consolidation phase after moving down to the 110500 level, and Ether is also entering a consolidation phase.

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The daily chart has formed a triple top pattern, and despite the bullish market showing increased volume, the highs have not been able to break through. After the negative news last night was digested by the market, the lowest price encountered resistance when it retested above the 108500 level, primarily due to the U.S. stock market closing three hours early yesterday. The market displayed a volatile pattern in the latter half of the night, and today is also the U.S. Independence Day, during which the U.S. stock market will not open. However, the market is still affected by yesterday's surge, and it is expected to present a consolidation and testing situation today. The range is still expected to revolve around the high levels, and today's consolidation will continue to pay attention to whether the high levels can break, which will determine whether the bulls can continue further; otherwise, there is still a significant possibility that the market will adjust downwards towards the bottom. In terms of operations, it is recommended to maintain a short-term strategy within the 108500-110000 range to respond to potential market changes, while also being mindful of the breakout on either side, which could lead to an upward or downward shift in the range, as well as the issue of gradually choosing a direction after converging.
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In the short term, refer to going long around 108600 for BTC, aiming for 110000; for Ether, refer to going long around 2550, aiming for 2630.