In this uncertain field, patience is a crucial quality. The market is like a long marathon, not a sprint; those who laugh last are often those who can stick it out to the finish line. Don't give up because of temporary difficulties; every low point may be nurturing the next peak. Not all persistence yields immediate results, but every time you don't give up, you are adding a bit more confidence for your future self. The road is still long, don't let temporary difficulties block the sweetness ahead. Wait a little longer, try again; maybe in the next second, it will be your turn to blossom. Last night, Bitcoin's price surged but encountered resistance and then retraced. The subsequent second round of surges also broke through the 120,000 mark, peaking at around 120,300 before being pressured to stop. The volatility in the early morning wasn't significant, mainly hovering around the 120,000 mark. This also indicates the strength of long positions. Ethereum continues to oscillate between long and short positions, with both sides showing effective continuation.

Technical analysis shows that the current coin price is at a critical watershed, with support at 119500 and 118800 below, and resistance at 120300 and 121000 above. The 4-hour indicators present neutral signals: the MACD fast and slow lines are converging and flattening, the RSI value is 54 with no clear direction, and the Bollinger Bands are continuously narrowing, indicating an upcoming change. In terms of volume, during the consolidation period, the trading volume is decreasing, and there has not yet been any significant single order activity. Special attention should be paid to the early session effects of the U.S. stock market, important economic data within the day, and changes in funding rates. The current volatility is at a low level, so it is recommended to manage positions carefully and act in accordance with the trend after a breakout. The market is in a phase of accumulation, and patiently waiting for direction selection is key.

Operation suggestion
Bitcoin strategy: Long positions around 119600, target: around 121000.
Ether strategy: Long positions around 3690, target: around 3780.

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