The market in the afternoon and evening shows signs of overall resistance after a rise. BTC attempted to test the 122000 mark again in the afternoon but failed, and in the evening, it faced pressure leading to a correction after reaching a high, with BTC currently dipping to the 120000 mark. Regarding Ethereum, it followed the same trend as BTC, recovering around 4350 before declining, currently hitting a low of 4168, reaching the first support level at the bottom. In the real market, the afternoon ETH layout was relatively aggressive with a small space of 40 points.

From the current four-hour chart, after reaching a high, there have been three consecutive bearish candles for a pullback correction. The intraday rise of over 3,000 points has already retraced more than half, but in terms of trend, a certain upward structure has emerged. The Bollinger Bands are showing an expanding pattern, with the middle and upper bands further indicating an upward structure. Overall, the middle band remains the lifeline of the bulls; as long as it does not break, the short-term pullback is still a buildup for the bulls. Although there are signs of a death cross in the indicators, the possibility of the overall market sentiment turning to a weak structure is low. Operationally, it is still advisable to maintain an adjustment approach and look for buying opportunities.

BTC can be bought at 119000-119500, looking at around 122000. ETH can be bought near 4150, looking at around 4350. '' #BTC# #ETH#