Morning Thoughts on October 5

From the daily chart perspective, the upward trend is significant. After a period of consolidation and an upward movement, a large bullish candle has broken through. The bulls are showing strong momentum, and no top signal has appeared, indicating a very strong one-sided bullish characteristic. In such a strong structure, as long as there is no deep pullback, we can continue to look upwards for targets. The 4-hour level shows an even stronger pattern with 7 consecutive bullish candles, and there is no counterattack from the bears, so the operation can simply follow the trend!

Trading Suggestions:

Bitcoin around 101500, target 104000

Ethereum around 2140, target 2220