Bitcoin continues its downward trend during the night, dipping to a low of 115865 before rebounding. It is currently rising near the lower band of the Bollinger Bands, undergoing a technical correction around the 107000 level. Ethereum is also weakening, opening a rebound after hitting a low point of 3693. This morning, we proposed a relatively aggressive bullish outlook, planning long orders around 117000 for BTC. The market retraced to around 116000 for a Margin Replenishment, lowering the average price. As the market further recovered to around 117800, we took profits and gained over 1k points. Ethereum is aligned with BTC’s strategy, planning long orders around 3730 and performing a Margin Replenishment near 3700. The market rose to around 3790, allowing us to take profits, securing a gain of 73 points.

The current market shows that Bitcoin has repeatedly formed doji candlesticks on the daily chart, maintaining an overall box consolidation pattern, but long-term bottoming signals are becoming clearer. From the market performance, bulls still dominate — each pullback is accompanied by a quick rebound, fully confirming the effectiveness of buying support. On the technical indicators front, Bitcoin's upward trend remains strong: the Bollinger Bands continue to open upward, with prices stabilizing between the middle band and the upper band, indicating that the bullish market structure remains unchanged, and there are no signs of a decline in upward momentum. The moving average system presents a typical bullish arrangement, with short-term moving averages crossing above long-term moving averages sequentially, forming solid support and further strengthening the overall bullish structure.
BTC can be long ordered in the range of 116300-116800, looking at around 119000. Ether can be long ordered in the range of 3690-3720, looking at around 3850. #BTC#