Thursday Afternoon Market Share

The market has been fluctuating and building strength overnight, indicating that a significant move is likely. As we approached midday, the momentum was hard to contain. After taking profits on the positions held by Lao Zhou, it was pointed out that breaking through 75000 would definitely lead to a wave of upward continuation. Ultimately, the market trend followed Lao Zhou's prediction, charging straight to 97900 without looking back, and today all positions in the ten boards were closed profitably.

Analyzing the price on a four-hour chart, the market has experienced a sustained strong rise and has broken through previous highs, currently showing a pause with relatively long upper shadows forming. This pause phenomenon still aligns with our previous discussions and should be defined as the development of a corrective structure. However, given the ample upward space reserved above, even a slight pullback could impact the current strong trend.

In terms of short-term strategy, we need to combine price patterns and closing strength to comprehensively assess the sustainability of market strength. In smaller time frames, such as during the midday period, although the market has retreated after reaching a high point, the space and strength of the pullback are relatively limited and have not damaged the overall strong state. For future movements, we can observe the continuation of the pullback with a short position and adjust based on the strength of the pullback, then look for opportunities to enter positions.

Friday Afternoon Suggestions

For Bitcoin, buy on pullbacks near 96500-97000, targeting 98000-98900.

For Ethereum, buy on pullbacks near 3090-3100, targeting 3220-3250.