At the current moment, please focus on the short-term structure of the hourly chart. Previously, a strong bullish candlestick successfully broke through the upper bound, and the market then entered a adjustment phase, fluctuating and consolidating around the 102,000 points.
Looking back at historical trends, prices often rise sharply followed by a pullback. Following the fluctuation pattern of the overnight trading session, the current market shows signs of a retracement.
However, the upper channel of the Bollinger Bands has already opened, and from a larger timeframe perspective, the market maintains a strong trend.
Based on the analysis above, we should maintain a bullish stance and wait for a moderate pullback before re-entering.
For Bitcoin, look to go long around 101000-101500, targeting near 103500.
For Ethereum, look to go long around 3600-3650, targeting near 3750.