From a technical perspective, the daily chart shows an interleaving of bullish and bearish candles. Although the currency price has been constrained by the upper Bollinger band and has not continued to rise in the short term, the bullish momentum remains strong. The slight opening of the Bollinger bands reveals that the market is still vibrant. The three lines of the KDJ indicator show a golden cross pattern, indicating an upward divergence. Meanwhile, the MACD has also started to turn upward; although there is a slight reduction in volume, the overall trend on the daily chart remains bullish.

Observing the four-hour chart, the three bands of the Bollinger band show an upward trend, with a slight indication of narrowing, suggesting that market volatility is increasing. The low points continue to rise, while also gradually refreshing recent highs. The KDJ indicator also shows an upward divergence with a golden cross, while the MACD has shown a second upward divergence of the golden cross, and volume is gradually increasing, indicating that the trend on the four-hour chart is also bullish.

Comprehensively looking at the data from the spot ETF market, this week’s spot ETF market shows a net inflow. Among them, the holdings of Ether have reached half of Bitcoin (which may refer to another cryptocurrency). Although the increase in Ether is not significant, it reflects a steady and healthy market condition.

Therefore, for today’s operational advice, we advocate focusing on buying on dips. At resistance levels, we need to pay attention to the three key points: 102600, 103700, and 105000; while at the lower support levels, we should monitor several important support levels such as 100200, 99000, 98000, and 97500. Overall, the market shows a clear bullish trend, and investors can appropriately allocate, but they should also pay attention to risk management and asset allocation.