The price of Bitcoin broke through a historic high after a rapid pump, which was likely influenced by important news in the early hours. However, after reaching the new high, the rise of Bitcoin seems to have weakened.

From a technical analysis perspective, both the short-term and medium-term charts are showing some noteworthy signals. On the 1-hour and 4-hour charts, we can observe a clear range divergence phenomenon, while the Relative Strength Index (RSI) has also shown overbought signals. It is noteworthy that the technical indicators on the 1-hour level have been corrected through a pullback, while the indicators on the 4-hour level are still in the process of adjustment.

For Bitcoin, investors may consider positioning within the price range of 111,300 to 111,000, with the next target price potentially falling between 109,600 and 109,300.

As for Ethereum, also known as '二饼', investors can focus on the price range of 2,800 to 2,780, with potential target price levels possibly between 2,720 and 2,700.

This price trend reflects the high volatility of the cryptocurrency market, and investors need to carefully consider market risks when making decisions, paying close attention to various factors that may affect prices.