The overall trend of today's market remains upward. In the morning, the price slightly retraced, reaching a low of around 94000 before stopping. Subsequently, supported by the lower level, it quickly rebounded, and the price rose again to around 95400. Our long positions in this range have netted us over 2000 points, while Ethereum also provided us with over 100 points. Thus, we publicly advised the market to wait for a pullback before entering long positions. By the evening, the price again slightly retraced, and we chose to enter long positions again, netting over 700 points in the short term. Grasping the trend and timing the entry points makes it as simple as drinking water.

From a daily perspective, the price continues to operate above the middle track, and the previous pullback has not altered the overall strong structure. It is currently in an upward trend, and overall, both bulls and bears lack continuity. However, the larger structure is still in a phase of oscillating upward recovery. The 4-hour chart is temporarily oscillating near the middle track while maintaining stability at the support of the ascending trend line. As long as the trend line holds, the 4-hour structure remains slightly bullish. However, whether it can break through the recent high of 96000 is key to the continuation of space; if it doesn't break, the oscillation will continue. Currently, short-term support is concentrated around 93500-92000, which is the previous low of the pullback, and the space is slightly converging, leading to oscillation in the short term. The operation should treat it as a contraction oscillation. If it remains high for too long without breaking, a short-term pullback to confirm support is not ruled out.

In the early hours of Wednesday, Bitcoin was directly bought around 94700-94300, looking to reach 96500. Ethereum was directly bought around 1800-1780, looking to reach 1900.