Looking back at yesterday's market, the significant fluctuations in prices and Technical Analysis both indicate a fierce tug-of-war between bulls and bears. The overall range was also fluctuating widely between 105500 and 103000, with multiple attempts to break through resistance and subsequently retreating. The news in the early morning also triggered another wave of sentiment, bringing a certain degree of optimism to the market, pushing BTC's price to rebound once again. Following A Feng's approach, this sentiment remains manageable. In the market, formulating a reasonable strategy and maintaining calmness and rationality are key to navigating these fluctuations.

From the daily chart perspective, the BTC price comparison is showing a broad fluctuation pattern. It has attempted to break through key resistance levels multiple times but has failed to stabilize at high levels. At the same time, the support levels below have shown strong resilience. Observing the daily moving averages, it is evident that a clear trend is difficult to establish in the short term. The four-hour analysis indicates a fluctuating downward pattern, after which the price comparison rebounded to around 105000 and stabilized. Overall, the market situation is similar to yesterday and remains in a tug of war between bulls and bears. Currently, attention should be paid to the breakthrough of the resistance level at 106000 above, as well as the stability of the support level at 103000 below, to determine the direction of future market development. From the hourly perspective, the price comparison has frequently switched within the range, lacking a clear trend. However, there is still considerable space above the recent high, so we can continue to adopt a low strategy, while maintaining a wait-and-see attitude towards Ethereum in the short term.
BTC: Buy around 104200-104600, targeting 106000; ETH: Buy around 2490-2520, targeting 2600
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