#BTC The price comparison daily K-line once again closed with a rise today, not only firmly maintaining the key support level at the low point, but also recovering recent losses in one go. After the rise, the market did not experience a significant pullback and is still in a high-level oscillation range, which aligns with our previous prediction of a 'time correction phase.' The continuous bullish structure at the 4-hour level continues, with small pullbacks in between that can be almost ignored. Currently, the price comparison has successfully stabilized above the middle track, showing a clear rhythm of 'consolidating and correcting while stepping upwards.' It is worth noting that during the recent pullback, the lower pin points have been continuously rising, with no significant drop in volume and no large bearish long candles hitting the market. Each pullback is accompanied by a quick rebound. This indicates that the bear's pullback strength is limited and insufficient to reverse the current strong trend, merely representing a brief easing and healthy adjustment of the rising pace. Overall, the bullish support remains strong, and the logic of an upward trend after the oscillation and consolidation remains unchanged.
Operation Suggestion
Bitcoin around 118500, target to focus on the breakout situation around 120000.
Ether around 3680, target to first look at 3800.