BTC's rise rhythm is slow, while Ether is strongly pushing for new highs.

BTC pulled back to a low of 118055 last night, not breaking 118000, which was expected. Driven by favorable CPI data, it has returned above 120000 today. The 1-hour level rise hasn't finished yet, and it is expected to continue pushing above 123000, overall bullish towards around 126000. However, BTC's pace is relatively slow, mainly because the funds are flowing towards Ether, in a following state, which requires some patience.

The short-term 15-minute level can still rise, first looking around 122500; the 1-hour level may directly break 123000, or it may first consolidate and then surge.

Ether is performing strongly, having reached 4700 today, with the potential to touch above 4800. The upward momentum on the hourly level is fierce, and institutional strength is evident. It is expected that after breaking 4800, there will be a pullback but not below 4500, after which it will aim for the 5000~6000 range. As early as August 2, it was indicated that Ether would break 4000 and reach 4800. Currently, institutional positioning is strong, and it is expected to reach 12,000 by the end of the year.

In the coming week, the value of altcoins may perform well, but it is advisable to be cautious with junk altcoins.

All timeframes show an upward trend: the weekly and daily targets remain unchanged, bullish at 126000 on the 4-hour chart, with continuous rise in the 1-hour and 15-minute levels.
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