Recently, the digital money market has shown a trend of oscillating recovery. From the current situation, this round of adjustment seems more like a technical correction rather than the beginning of a long-term downward trend. Although there has not yet been a clear unilateral rising momentum, the support area at the market bottom is gradually forming, laying the foundation for a possible rebound in the future.

From a structural perspective, the market still has room for further adjustment. The key now is to find stable support points, which will provide important reference for the subsequent market development. Investors need to closely monitor market trends and seize potential opportunities.

For Bitcoin, we can focus on the support range of 117800 to 118300. If it can stabilize within this range, it is expected to develop towards the range of 119700 to 120000. However, we must also pay attention to defending the key position of 117500 to prevent possible further declines.

As for Ethereum, you can pay attention to the support range of 3750 to 3780. If it can hold steady in this range, it may develop towards the range of 3870 to 3970 subsequently. At the same time, be wary of the position at 3720; if it falls below this, it may trigger a larger adjustment.

It is important to emphasize that the cryptocurrency market is constantly changing, and investors should carefully consider their decisions, taking into account their own risk tolerance and investment goals. At the same time, continuously monitoring market trends, technical analysis, and macroeconomic factors are key to formulating a wise investment strategy.