After a brief consolidation at a low position in the early morning, the market unexpectedly surged again at midnight. After the drop stopped at around 93300 during the early morning, the price ratio again indicated an upward trend, and this morning it broke through 95000 in one go. The market trend is consistent with the ideas we provided in the early morning. The long position suggested at 93400 has gained nearly 2000 points by this morning, while the long position suggested around 1730 for Ethereum has gained about sixty to seventy points by this morning. Overall, the market remains in a state of high-level volatility. Neither the bulls nor the bears have a clear advantage, and the market has been fluctuating within a small triangular range, with no significant fluctuations overall.

From the current perspective, the market has shown a rapid rebound after each dip, with bulls quickly reclaiming the lower space. This indicates the strength of the support below. The bearish force finds it difficult to sustain downward movement, and the bulls are gradually accumulating strength. In dealing with the current situation, it is best to take a short-term approach. For those who engage in short-term trading, the current decline can be seen as a correction, which is a normal adjustment after the previous bullish rise, rather than a major trend reversal. Many rushed to follow the bears during the market's decline, but the current pullback lacks strength and continuity, and the market's resurgence has put them in a difficult position. As always, there is no scenario where there's only an increase without a decrease; we should not let short-term declines affect our trading rhythm or be deceived by temporary drops. In summary, once the market correction is complete, it is very likely that the market will re-enter a bullish state, and we will continue to maintain a bullish outlook for the evening.

Bitcoin: 94500-94000 Long Target focus on 96500

Ethereum: 1770-1750 Long Target focus on 1880$BTC