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Following the significant rise in Bitcoin prices last night, the market has now experienced the anticipated pullback. From the technical analysis on the four-hour level, the Bollinger Bands are continuously expanding, with the middle and upper bands maintaining a rising trend, indicating that the market is still dominated by bulls.
The lower track is also showing a rise trend, further confirming the dominant role of bulls in the market direction. Therefore, today's morning trading strategy recommends continuing to adopt a bullish strategy of selling high and buying low.
Specifically, it is recommended to consider buying in the Bitcoin price range of $108,500 to $108,000, with a target price set at $110,000. For Ethereum, look for buying opportunities around $2,550, with a target price of $2,700.
It is worth noting that although the market is showing a strong upward trend, investors still need to operate cautiously, closely monitor market changes, and adjust strategies in a timely manner. At the same time, be wary of potential short-term corrections and manage risks effectively.