Last night, Bitcoin fluctuated down to around 114,000, then rebounded to 115,413, confirming the market rule of 'efforts are in vain when direction is wrong.' We positioned ourselves accordingly, successfully gaining 1,400 points on long positions near 114,000, and also profiting 100 points on long positions near 3,550 for Ethereum, highlighting the importance of decision-making.

Technical Structure Analysis:

Currently, we are in a short-term rebound market, with limited pullback strength, which can be viewed as a correction during the upward process. It is not recommended to short or to guess the top. The current trend can be summarized as the 'three-character mantra' just starting to take shape.

After confirming support during the short cycle pullback, we will attack again. The significance of technical indicators is limited, the trend is mild, and it is important to grasp the rhythm.

Operational Suggestions (midnight reference):

Bitcoin: Long positions in the range of 114,500-114,000, target 116,000

Ethereum: Long positions in the range of 3,620-3,600, target 3,730

Focus on long opportunities after pullbacks, continue to operate in the prevailing direction.

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