The essence of market volatility is to filter stability amidst fluctuations, to realize understanding in trends, and to endure the trials of sideways movements in order to seize the opportunities that break the deadlock. Yesterday's market was largely in a box range fluctuation pattern, where Bitcoin surged intraday to around 93278 points and then dipped to around 91520 points, with an intraday volatility of less than 2000 points. Ethereum's trend synchronized with Bitcoin, dipping to a low around 3295 before immediately starting a rebound. Yesterday, Jinlin's Bitcoin made a total gain of 3755 points, while Ethereum achieved a gain of 263 points!

From the current perspective, on the daily cycle, the price ratio shows a stepped upward structure. Three consecutive bullish candles with increased volume pushed the price ratio to touch the upper Bollinger Band pressure level, followed by a bearish candlestick for adjustment. There are significant signs of bullish profit-taking, but the overall operating range has completed an upward shift, and bullish momentum still holds the trend's dominance. On the four-hour level, the price ratio broke through the upper resistance and surged to a critical pressure range, then continued to fall back to the middle Bollinger Band support level, with the candlestick bodies continuously narrowing, indicating that the bullish momentum is entering a stage of decline. The MACD indicator operates above the zero line, maintaining values in the bullish zone, with the fast and slow lines showing a convergence tendency, confirming that the bulls are currently in a consolidation phase. For evening operations, it is recommended to primarily buy the dip at low positions, but remember to maintain good defense!

Thursday early morning strategy: Bitcoin around 92000–91500 to buy the dip, target around 94000.

Thursday early morning strategy: Ethereum around 3340 to buy the dip, target around 3480.$ETH $BTC