Good morning, brothers. A busy week has passed. In the past week, Ethereum and altcoins have seen a general rise, but Bitcoin still appears relatively weak. Ethereum once approached 3673, stretching nearly 800 dollars in a week. Looking back two months ago, Ethereum was still despised by many, with news of core team disbandment and the foundation selling off its holdings. Two months later, it feels like a light boat has passed through thousands of mountains, and looking back now is indeed a bit of a sigh.

This week, a series of positive news has emerged, with large companies and enterprises rushing to buy, and a series of favorable bills passed. These will gradually pass, and Friday set the tone for next week. Ethereum began to close with a long upper shadow, while Bitcoin is still in a sideways range. As mentioned yesterday, teaching chains have already indicated that it won't happen so quickly in the future. When ancient whales begin to move and realize profits, it will also be a turning point for the market.

Next week, there will at least not be a big rise; a sideways theme or constant decline of Ethereum is the norm. Daily altcoins continue to stretch by 5%-10%. When Ethereum leads the way, it is the later stage of a bull market. The fear of heights regarding Bitcoin will lead liquidity to focus on smaller, more stretchable targets.

In the second half of this week, the performance of teaching chains has not been too good for two consecutive days, and there have been losses. The main trading was in the first half of the week. To be honest, for Ethereum, there hasn't been a continuous long position in intraday orders, and not much has been gained. However, overall, it has been a week of rough recovery, and those following along here should also be aware of this.

For intraday, I still expect a pullback after a rebound. The central range of the box consolidation is around 108000-109000. We can reasonably open positions around this. Currently, Ethereum seems to be losing some strength, and we can also look to rebound and trade. The liquidity is poor over the weekend, so I don't see much space for a big move.

Around 118000, open positions, add at 118500, target 116900, second target 116300.

For 3545, open positions, add at 3560, target 3485.