Last Friday, Li Mu explained the market trend and short-term arrangements, clearly stating that short positions could be taken above 2370 for Yitai and 10.35 for Da Bing. In the evening, an entry opportunity was provided at Yitai 2384 and Da Bing 10.37, which subsequently both declined. Yitai 2270 and Da Bing 10.22 accurately completed the guidance, achieving a short-term gain of 1,500 points on Da Bing and 100 points on Yitai. After this, the market began a new round of upward movement as expected, so regarding the points and strategies, Li Mu always keeps a precise online presence.

Short-term has welcomed a pullback opportunity, seize it!!!

The cyclical bottom is being built, narratives are aiding in the upward movement, Trump’s attitude towards tariff issues has softened, Powell has shifted from a hawkish stance to a dovish one. Although interest rates are expected to remain unchanged, a series of revealed messages are already sufficient to drive this round of upward movement.

From the information revealed through the market, daily and cyclical structures exhibit continuity. Bitcoin still has at least 1-2 rounds of upward potential in this cycle, but this does not mean we can simply go long; we still need to seek opportunities from a short-term perspective.

From the 2/3 hour structure of Bitcoin, the price has entered a consolidation phase at a high level. Looking at the 4/6 hour structure, the structural pullback and the appearance of td13 are not enough for the bulls to continue. Therefore, in the short term, we can focus on the area above 103,000 - 103,500 for short positions, targeting 102,000 - 101,500, with a stop loss at the previous high.

As for the altcoins, today’s performance has already shown a corrective rise, and the structural pullback has synchronized. We can consider entering short around 2345 - 2375, with a stop loss near 2405, targeting 2280 - 2250. #BTC重返10万 #山寨季何时到来？