At noon, we suggested buying on dips around 102000. The price of the coin successfully retraced to the target position and rebounded as expected, reaching a maximum of 104300, capturing a precise 2000-point space!

Currently, the price of Bitcoin is again showing a retracement action. The retracement did not continue to break down, which confirms our previous analysis of a correction that leads to a decline. The short-term technical structure remains largely unchanged, and we expect the bullish sentiment to remain for now. The daily chart continues to maintain a strong wave-like upward pattern. Although there is a short-term retracement and correction, the momentum is weak and lacks continuity. The upper space is still relatively large. The small cycle has now stabilized around 102000 and shows signs of short-term support. Therefore, after this stabilization structure, we continue to look for bullish continuation and will not consider short positions for now. This is also in line with the principle of right-side trading that we have consistently communicated to everyone: do not go against the trend!

On Friday evening, continue to use 102000 as a reference point to buy on dips. The target remains unchanged, continuing to look towards around 105000. The first target for Ethereum has already been reached, with the next target around 2500! #本周高光时刻 #BTC重返10万