At midnight, the market entered a range oscillation mode. BTC started a rebound from a low of 116923, reaching a high of 118019, and then continued to fluctuate within this range; Ether's trend was similar, recovering from a low of 3716 to 3797, and also maintained a narrow oscillation pattern.

On the four-hour level, the candlestick has dipped to the lower Bollinger Band after a series of consecutive bearish closes, and the bulls immediately launched a counterattack, leading to a fierce tug-of-war between the bulls and bears. It is noteworthy that the lower Bollinger Band displays strong support, effectively curbing the downward momentum of the bears. This signal indicates that there is space for a rebound and correction in price. Switching to the one-hour chart, after a three-consecutive-bearish pullback, the market welcomes a series of bullish recoveries. Although the strength of the bullish candlestick body is relatively weak, the KDJ indicator shows that the three lines have begun to turn upwards and are gradually converging, increasing the likelihood of forming a golden cross in the short term, which is expected to release a clear bullish signal.

BTC can be bought at 116800-117300, looking at around 119000. Ether can be bought at 3720-3750, looking at around 3850. #BTC#