In the morning, BTC pulled back from the high point of 113000, dipping to the line of 111405 at midday, forming a "Long Wick Candle" pattern and stopping the fall to rebound. This pattern is a strong short-term bottom signal, indicating that the support below is strong. This pullback can be seen as a successful Whipsaw, solidifying the foundation for the subsequent pump.

Subsequently, the price rebounded strongly, not only recovering the losses from the morning but also stabilizing above the key level of 112500. This move indicates that market sentiment has shifted from cautious to optimistic, with the initiative returning to the bulls, and the upward momentum being effectively restored. At the same time, Ethereum is also rallying, further boosting overall market bullish confidence. Currently, the price is steady around 112800, with the technical structure overall leaning bullish. The primary target for the future market is to challenge the previous high of 113000 again, and if it can break through effectively, it will open up greater upward space. In terms of operations, the strategy can maintain a pullback to go long, with a key focus on the support strength in the 112500-112700 area. #加密市场回调#

BTC strategy: Buy near 112500, target 113800
Ethereum Strategy: Buy around 4180, target 4250