The cryptocurrency market saw a significant rebound on Tuesday morning, with both Bitcoin and Ethereum showing a rise.

Bitcoin has quickly rebounded to around $106,000 after experiencing a low of about $99,600, and is currently oscillating in the $105,300 range. Ethereum has also experienced a rebound, climbing from a low of $2,188 to around $2,440.

This wave of rise is mainly driven by the news of a comprehensive ceasefire. Trump posted on social media that Israel and Iran have reached a comprehensive ceasefire agreement. According to the news, both sides will gradually implement the ceasefire within 12 hours, and the war is expected to officially end after 24 hours.

From a technical perspective, the Bitcoin daily chart shows a large bullish candle, reaching the middle band. In the short term, attention should be paid to the stability and volume changes around $106,000. The weekly chart indicates an upward trend, but the trading volume has decreased, and there may be resistance around $108,800. The four-hour chart shows a breakout above the upper band, presenting a rising trend. The hourly chart indicates strengthening bullish momentum, breaking above the upper band.

For Bitcoin, it is recommended to pay attention to the pullback opportunities in the range of $104,800-$104,300, with an upward target looking towards $106,000-$106,500. For Ethereum, the pullback range to watch is $2,350-$2,370, with an upward target to expect $2,455-$2,475.

Market participants should closely monitor the further developments in the geopolitical situation, as this may continue to affect the direction of the cryptocurrency market. At the same time, attention should also be paid to other macroeconomic factors and regulatory trends, all of which could have significant impacts on the market.