The market is ever-changing, and the trends are unpredictable. Various traps constantly emerge to take advantage of the situation. One often walks by the riverbank; who doesn't get their shoes wet? If one accidentally falls into a trap, it's crucial to extricate oneself in a timely manner rather than sinking further in. Early morning price comparisons rose again, reaching the upper high point around 104800, leading to a correction. Ethereum followed the price trend, peaking at 2527 in the early morning, followed by a slight pullback. However, this hasn't changed the current strong structure; the price comparison remains in a high-level fluctuation, with little room for decline in the short term. This has developed into a very strong trend structure. The strategy presented in the early morning was very clear: in this market, one can only go long; shorting is completely off the table because there's no significant pullback. Currently, we are back to a correction phase, which is actually easy to understand. After the price comparison rises, it will certainly first enter a consolidation phase, and consolidation is the best opportunity to seize low buys.

From the current market perspective, Bitcoin has shown a very strong increase recently, breaking through upper resistance points multiple times. Previous obstacles seem almost non-existent, and the price has repeatedly set new highs. There are pullbacks, but they are merely adjustments in the process of rising. As long as bears don't die, bulls won't stop. Don't assume a decline just because the price has increased significantly. Without clear signs of a trend reversal, we only adhere to one path: pullbacks are opportunities to go long! Looking at the four-hour chart, a series of consecutive bullish candles have repeatedly opened up upper space, with short-term bullish momentum showing an increase. Currently, it is also testing upper high points; we steadfastly maintain a long position and take advantage of any pullback opportunities to follow up with long positions.

Trading Suggestions

Bitcoin: 103500-103000 Long Target: Focus on 105500

Ethereum: 2475-2455 Long Target: Focus on 2580$BTC