Recently, our thoughts have been very clear: if resistance is not broken, try to focus on short positions; once a breakout occurs, decisively cut losses like a warrior severing their own wrist. This is also the reason we have repeatedly emphasized in the cryptocurrency market that one must never have a gambling mentality at any time. It is essential to achieve the unity of knowledge and action. This morning, after the price reached 97300, we decisively exited after the major cryptocurrency broke 98000. Since it has broken the level, the probability of continuation is very high. Moreover, we mentioned that the pullbacks given under strong momentum would not be too large. In our live trading, we did not wait too long after a slight pullback in the price and decisively followed the trend near 98000. Currently, we have already seen nearly 800 points of rebound space. This is the most intuitive manifestation of sensitivity to market signals. Always remember, do not have a gambling mentality, and do not be stubborn!

Back to the market, the morning breakout did not provide a strong pullback adjustment; it only corrected briefly by a few hundred points and then refreshed the high again. This is a clear bullish signal. On the daily chart, the continuous positive closes maintain fluctuations between the middle and upper tracks, with the bullish structure still intact. In the short cycle, it is performing quite strongly, with all moving averages showing an upward trend, forming a unilateral bullish pattern, and there is still momentum for breaking new highs in the structure. The probability of a significant pullback correction under this rhythm is low; the short-term bullish trend is relatively strong, and short positions should not be temporarily involved, just follow the trend.

On Thursday afternoon, as long as the major cryptocurrency can maintain above 98000, the bullish pattern will not change, and it is very likely that a top-bottom reversal will occur again. Thus, the operation will be very simple: use this position as short-term support to buy on dips, looking for bullish continuation to attack, with the target focusing on the vicinity of the 100,000 mark! As for Ethereum, it is currently moving upwards with the major cryptocurrency; although it has not yet refreshed its high, it also shows strong momentum in the short term, and the probability of refreshing the previous high is quite high. Therefore, in terms of operations, follow the major cryptocurrency and look for bullish opportunities. Once the level is broken and stabilized, it is expected to launch an assault towards the 2000 mark! #美联储FOMC会议