Exaggerated, really exaggerated, directly breaking through in the morning. With Ethereum's rebound, Bitcoin has once again reached a new historical high, soaring all the way up without any pullback, reaching a peak of 117,500. Ethereum has also returned above 3,000, with a peak of 3,010. This kind of rhythm is more like a process of accelerating towards the top, but is this important? Personally, I think it's not very important. As I said, when the trend comes, everything that goes against it will become the reason for your downfall in this market. So being bullish and going long must continue. With the breakout of the weekly line, the volume continues to expand, having broken the only previous downward pressure level. The high point this time, the next high point cannot be estimated, we can only take it one step at a time.

From a technical structure perspective, it is still in the continuation of the breakout on the weekly line, with strong momentum and no obvious reversal signals appearing. It is more of a continuation signal, and due to the weekly candlestick closing too full, we can maintain a bullish outlook this week and next week. After a few days of correction, the daily line has once again set sail for the bulls. In the short to medium term, we still need to remain bullish. However, after a strong upward movement, we cannot blindly go long as before, but rather try to buy on pullbacks, looking for support to follow up.

On Friday morning, focus on the 115,500-115,000 range for Bitcoin long, with a target of 116,800. For Ethereum, focus on the 2,920-2,900 range for long, with a target of around 3,000. $BTC