In the early hours of today, the cryptocurrency market showed a positive trend. Bitcoin (BTC) demonstrated significant upward momentum during the Asian session, briefly approaching the key resistance level of $116,800. Subsequently, the price entered a consolidation phase, but overall remained at a high level.

From a technical analysis perspective, the hourly Bollinger Bands indicator for BTC shows a clear bullish signal. Both the middle and upper bands are trending upward, and the width of the channel is continuously expanding, indicating a strong short-term upward trend, while volatility is also increasing. The decline of the lower band further corroborates the market's expansion characteristics.

It is worth noting that after breaking through the upper band, the BTC price remains close to the upper Bollinger Band, which usually indicates that bullish forces are dominant and market buying power is strong.

Based on the current market situation, investors may consider deploying strategies within the following range:

1. BTC: You can look for entry opportunities in the range of $116,000 to $115,300, with upward targets to focus on in the range of $117,000 to $118,700.

2. ETH: Look for entry opportunities in the range of $3,800-$3,760, with upward targets focusing on the range of $3,900-$3,960.

However, investors should bear in mind that the cryptocurrency market is highly volatile, and any investment decision should be based on a thorough risk assessment. In addition, global macroeconomic factors, such as changes in trade policies, may also have a significant impact on the market, which requires continuous attention.