Bitcoin has seen a consecutive two-day rise, precisely reaching the previously set target area. With short-term shorts being swept out in bulk, the market has completed a round of 'breathing-style cleaning'. It is likely to enter a phase of sideways consolidation or high-level adjustment, accumulating ammunition for the next round of upward movement.

From the market structure, the bullish characteristics are very obvious—the every attack is accompanied by increased volume, while the volume significantly shrinks during adjustments, which is a standard strong trend pattern. In such a market, the worst thing to do is to short against the trend.

The optimal strategy is to wait for a price retracement with reduced volume and choose to go long near support. Only when the upward structure is clearly broken should one consider taking short positions.

Key short-term technical levels:

Support: $116,200, $115,600

Resistance: $118,000

Ethereum: Focus on the previous high of 4110, do not rush to chase highs.

ETH also maintains strength. In the short term, whether it is a slight pullback or a direct rise, the overall rhythm is operating within a healthy channel. The most probable direction is to approach the previous high of $4110 and form a critical test.

But can it break through in one go? Or will it still pull back after reaching a high? This is the key point that determines the next wave of movement. Before it clearly stabilizes above the previous high, rashly chasing longs is not cost-effective.

Just like we emphasized when it was at 2900-3000: 'Don't miss the real breakout confirmation.' Now that it has risen to 3900, the risk-reward ratio is not as favorable as before; it may be wise to exercise a bit more patience and wait for results before reacting.

Spot layout suggestion: Mainstream stability + rotation potential combination

Priority allocation for large positions (clear trend):

  • BTC (Bitcoin): The strongest structure, sector anchor

  • SOL (Solana): A key member in the mainstream race rotation

  • BNB (Binance Coin): Strong platform binding + continuation of the ETF story

Small position rotation potential ambush:

  • AAVE (DeFi return logic)

  • DOGE (high sentiment correlated variety)

  • SUI (the narrative of the new public chain is not over)

  • BGB (the story of the trading platform continues)

Position suggestion: Adhere to the core principle of 'seeking victory through stability', maintain a healthy position structure, avoid heavy positions and all-in bets. Focus on the trend and let time realize the profits.

On-chain anomaly tracking: These coins still have wave space

After the favorable news was released, most old coins have recovered, but there are still some 'rotation candidates' with relatively lagging trends and unbroken structures that can be closely observed for wave opportunities:

Epilogue Summary

The current market is overall showing a strong rotation pattern, with Bitcoin stabilizing at a high level, ETH approaching its previous high, mainstream coins leading the pace, and altcoin sectors waiting to take over.

At this time, chasing the rise is not as effective as selectively choosing sectors and buying on dips in accordance with the trend. Don’t be a contrarian gambler; instead, be a trend synchronizer. Maintain firm positions, avoid noise, and the market will eventually provide answers over time.