Waking up early to check the market, I doubted my eyes for a moment; how did it reach 106000? Just before sleeping, I had taken some profits around 99600 with my position, and in just a few hours, it surged by over 6000 points? I can only say that market dynamics are indeed stimulating. Yesterday, just after midnight, I shared my public thoughts, and the market experienced a small burst. Our position quickly reached the expected profit-taking point, allowing us to take nearly 2500 points and exit the market. Later, I advised everyone to sleep peacefully; although we missed the birth of a market opportunity, I don’t feel regretful. We must always remember that returns and risks are proportional, and we only need to hold onto the market dynamics we can understand.
From the current market perspective, Bitcoin has been experiencing frequent fluctuations recently due to various news influences, and the technical aspects are inevitably somewhat distorted. From the daily level, after a pullback at midnight, there was a violent stretch; the candlestick has strongly moved upwards, recovering all the losses of the past few days. However, the trading volume has not shown a significant increase compared to yesterday, indicating that this kind of market dynamic comes and goes quickly, and its continuation still needs to be observed. From the hourly level, the market is actively consolidating; under normal circumstances, Bitcoin is likely to correct first. We can continue to engage with high positions while being cautious and alert.
Bitcoin: Around 106000 points, looking down at 104000.
Ethereum: Around 2440 points, looking down at 2350.