The overall navigation situation of Baipan is still in a slow upward phase, the speed is not fast, but the available space is still considerable. This morning, we publicly indicated a long position at 94000. After the afternoon market declined to around 94100, we entered the market, and currently, we have gained over 1000 points of space. The long position indicated around 1780 for Ethereum also has 60 points of space available. The current overall focus is whether it can break through the recent high point around 95700. It is expected that a pullback correction will occur first. The short-term structure is already very clear; the accumulation phase has already been completed, and breaking the high is just a matter of time, as the overall trend remains strong. Those holding long positions can continue to hold or reduce their holdings. For friends who haven't entered the market, the evening pullback is still an opportunity for us to go long.

From the current market perspective, after the morning's decline, the market has not continued downward but has maintained sideways fluctuations. In fact, the recent market trend has mostly been like this, with each wave of market movement followed by a sideways consolidation to absorb capital. Regarding the current fluctuation rhythm, we still lean towards expecting a rebound, as the navigation situation will not always go through adjustments or fluctuations; there will be a one-sided movement again afterward. Overall, the current trend structure shows a performance of oscillating upward recovery; it just pauses here after a pullback. It can be seen that even with a retracement, it has not formed a continuous downward dive. The overall larger trend structure is still primarily viewed as bullish. Therefore, we will continue to maintain the mindset of entering long positions again.

In the evening, directly enter long around 94500-94000, with a short-term target of 96000. For Ethereum, directly go long around 1800-1780, with a short-term target of 1900. $BTC