A week has quietly passed, and the market trend this week is straightforward. At the beginning of the week, it has already taken a downward stance, breaking through the new low of 100,000 and approaching 98,000. It then began to rebound from the bottom in a V-shaped structure, rising to around 108,500. Later, around midnight today, it faced pressure again for several hours, retracting by more than 1,000 points. Currently, it hovers around the neutral position of 107,500, which is also the midpoint of this week. This week, we have publicly issued several short and long positions, all of which have achieved good gains, totaling over ten thousand points. Still, the same saying applies: before the trend becomes clear, just find the right range and trade long and short within that range. Do not think about blindly chasing one direction, as this does not meet actual expectations. The short-term structure still mainly favors the bulls. From an overall structural perspective, Bitcoin surged to the top yesterday, starting to retract near 108,500, operating within the upper-middle range. The short-term retraction has encountered the middle track as resistance, so we should first pay attention to the breakthrough situation around 106,000; if it does not break, we will continue to look upward unchanged. The daily K-line Bollinger Bands are still contracting upward, and although MACD is in a shrinking volume, RSI is also turning upward, indicating a certain bullish trend overall. Bitcoin is laying long positions around the 106,500-107,000 range, targeting 109,000. Ethereum is laying long positions around the 2,380-2,410 range, targeting 2,500.