The market saw a rebound as expected during midday, but then faced resistance and fell back. In actual trading, we entered a go long position at 104548, and took profit when the price rose to 105043, successfully capturing this short-term pump opportunity. During the price decline, we switched to shorting at 105102, and closed the position at 104580, once again achieving trading profits.

From an overall perspective, the price still maintains a range-bound oscillation pattern. Although Ethereum's trend is synchronized, it shows obvious relative weakness, with a tendency for the range to further narrow. During market volatility, adhering to the trading philosophy of "going with the trend" is crucial, with the key being to accurately grasp the trading rhythm.

Analyzing the current technical situation, the price is running slightly below the middle track on the hourly chart. The K-line has consistently closed lower, having broken below the 105000 support level and retraced to below 104400. The 104364 position has been tested twice as a temporary low point during the session, and the K-line has shown lower shadows, indicating that there is still some defensive strength in this area. Although the overall trend is weak, there hasn't been a clear breakout pattern with increasing volume, and the price continues to operate within the 104300-105300 range.

Ethereum has synchronized adjustments to the 2520 support area, showing weakness but has not fully turned to a bearish market. From a broader perspective, support has not been effectively broken, and bulls still have the possibility of a rebound; the pullback instead provides potential layout opportunities.

Operation suggestion: Bitcoin can consider going long in the 104300-104000 area, with a target around 105500; Ethereum can consider going long in the 2510-2500 area, with a target around 2550.