After #BTC再创新高 Ether has risen, Bitcoin has also increased, and the market has completely exceeded everyone's expectations. It's so crazy, is this still the cryptocurrency world I know? Friends who shorted must feel like the sky has collapsed after waking up. The idea of buying on a retracement is still applicable, and the current market shows strong bullish momentum, fully validating the ideas of the old ice sugar.

On the 4-hour K-line chart, a four consecutive green candle pattern is formed, indicating a steady upward trend. The market demonstrates the bulls' ability to control, which is very stable, and the continuous refresh of historical highs indicates that market sentiment is continuing to heat up.

The upward channel has been opened, and the retracement points are all higher than before, with each rebound breaking through previous highs. The highs are constantly refreshing, and the lows are continuously rising. After a continuous rise, the market may face a technical correction. However, this correction is often a normal adjustment route, rather than a downward reversal. It is recommended to wait for the market to pull back before strategically entering long positions.