Thursday Evening Lao Hu's Operational Analysis

Recently, the major cryptocurrency has not experienced a significant pullback, primarily due to the institutional support from Zijin. The current market structure is different from the past, and the overall trend remains in a continuation state; therefore, the evening outlook for the major cryptocurrency remains bullish.

Regarding Ethereum, half of its circulating supply is staked, while the other half is associated with stablecoins. The current trend shows strong performance, and the evening outlook is also bullish. The morning long positions are expected to break even.

Specific trading range:

BTC Long positions in the range of 116,000 - 120,000, with a short-term target of 122,000 - 122,900 points

ETH Long positions in the range of 4,700 - 4,650, with a short-term target of 4,760 - 4,830 points#牛市季来临 #BTC再创新高