# The price comparison has experienced a whole night of volatile decline, continuing to break down in the morning, falling below the 90,000 line, reaching a low of around 98,744. Although it has fallen below the previously mentioned key support level, the bulls quickly recovered. Currently, the trend still appears strong, as the impact from news is only temporary. It is now operating within a narrow range, and although the space has not further expanded, the high-level consolidation correction limits the retracement space. This type of consolidation replaces the pullback, remaining a strong bullish consolidation situation. In the short term, it is also in a phase of accumulation. In the morning, our back-and-forth trades allowed us to capture over 3,000 points in Bitcoin, and over 200 points in Ethereum. The recent market conditions have indeed posed some difficulty; if you are not confident in your own judgment, you might consider following real-time guidance from Brother Hao.

From a daily perspective, the price comparison is still operating above the midline, and the previous retracement has not altered the overall strong structure. It is currently in an upward trend, with signs of rebound recovering lost ground on the daily chart, and the lower lows are constantly rising. The short-term rebound is relatively strong, with a continued trend still possible. Currently, from an overall trend perspective, a single wave of correction is insufficient to change the overall bullish trend, forming a true reversal. However, it will present certain opportunities to lure shorts. Although the short-term structure still leans towards a weak continuation trend, the current weak trend can be understood as a lure for shorts. Overall, the structure is still predominantly bullish. In the short cycle, the cryptocurrency price has confirmed support around 98,000. Since support has been confirmed, a rebound is expected next. The overall market is indeed rebounding, and it has already stabilized above the 100,000 mark, so after a pullback, it is the time to enter. Just enter directly after the pullback!

At noon, Bitcoin is trading around 100,800-100,300 for a direct buy, targeting 105,000 first. Ethereum is trading around 3,630-3,600, targeting 3,800 first. $BTC