In the crypto world, a field full of opportunities and challenges, countless people step in with dreams of wealth. Here, some achieve overnight riches, while others lose everything. But please believe that the crypto world is not a chaotic gamble without rules, but a contest of cognition and perseverance. Before analyzing the market, let's review the negative performance during yesterday's Donald Trump meeting, as he is a key influencing figure whose status reflects the recent market trend to some extent. On a macro level, the M2 Money Supply has reached a peak, and beneath the surface prosperity lie three major hidden risks: high inflation, expanding fiscal deficits, and high debt. Historical excessive money issuance has previously triggered fluctuations in the global market; if this pattern continues, it will exacerbate economic structural imbalances. Bitcoin has started a strong rebound from the low of 107449, with the price once soaring to a high of 110558 before entering a brief consolidation. Subsequently, the bearish forces attacked, pushing the price down to the support level of 108379, but the long positions quickly organized a counterattack, ultimately pushing the price to break through the previous high and climb to an intraday peak of 111700. Ethereum, on the other hand, has shown a fluctuating upward trend, gradually rising from the low of 4212 in the morning, peaking at 4418 before facing pressure and falling back, finding support at the 4272 level. Entering the evening, the long positions made a strong push again, with the price rebounding to around 4397, recovering some of the intraday retreat.

From the current market display, the hourly MACD indicator is operating above the zero axis, with red column momentum slightly weakening compared to the daytime; however, there are no obvious signs of contraction or death cross, indicating that the short-term upward momentum has slowed, and the long positions trend has not yet reversed. If the red columns expand again, prices are expected to challenge the 112000 round number. Regarding the RSI indicator, the hourly line is in the 55-65 range, still having further upward space; on the daily level, the RSI indicator has gradually rebounded after leaving the previous low, and the probability of continuing the mid-term rebound trend is relatively high.
Operation suggestion:
Bitcoin: can go long around 110500, target looking at 112500
Second pancake: Buy around 4280, target 4450.
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