$ETH Today the market for Bitcoin has surged unexpectedly. When it pulled back to 105000 in the morning, it immediately stabilized and rebounded, then surged all the way up. Now it is approaching the 110000 threshold. In the morning, we took a long position and successfully made a profit of 1000 points. In the afternoon, we tried to short near 106700 but faced a setback, dropping over 600 points. Later in the evening, we shorted again, exiting with a 500-point loss. Starting at midnight, it turned north again, and we entered the market along with it, gaining around 1000 points. The current upward move seems unstoppable, with pressure from above feeling trivial, as it continues to break through levels, leaving only the significant 110000 threshold.

From the current four-hour perspective, Bitcoin has surged six consecutive times without pause, directly breaking through the middle band of the Bollinger Bands, giving no chance to breathe, and trading volume is clearly increasing. At this pace, breaking the 110000 level shouldn't be too difficult. In terms of indicators, the MACD green volume bars continue to expand, and the fast and slow lines have formed a golden cross above the zero axis, continually diverging upwards. The RSI indicator has also entered the overbought range, showing no hesitation. The current market indicates that bulls still dominate.

Therefore, the plan for midnight trading is clear: any pullback is an opportunity to go long. Bitcoin near 109300-108800 should aim for a break above 110500, which would likely extend to 111500, the historical high.

Ethereum near 2520-2540 also has northward potential, looking at 2605 for a break, which could extend to around 2650. It is currently adjusting at a high level, so be cautious of chasing high risks; protective measures must be in place!

General update: Military Brother discusses cryptocurrencies.