They say the early bird catches the worm. Early in the morning, I suggested buying around 112,000, and then it rose in the afternoon. Bitcoin easily gained over a thousand points. Ethereum suggested buying around 4,200, and then reached 4,300, easily gaining over 100 points again. The emphasized long positions are basically given, which shows the importance of understanding the shape and structure. You must understand that only those who are at the forefront of the trend can be the first to eat crabs. At noon, I still maintain a bullish mindset. The target and space can be adjusted as we go. If there is a slight pullback in the short position, I will go long directly. The target is the same as in the morning!

The structure is essentially the same as the previous cycle. Each breakout is followed by a significant, wide-ranging pullback. This is why we initially suggested shorting. Of course, this doesn't change the long-term bullish pattern, and it remains so today. It's just that the adjustment period is increasing, and the scope is expanding. The small-term bottoming-out rebound has closed higher, leaving plenty of room for upward movement. Although the moving averages are a bit cluttered, the overall bottoming-out and rebound pattern remains unchanged. We often say that excessive rebounds negate the point of shorting, and this is certainly the case now. The potential for a rebound has already broken the original weak structure. On Friday, buy on Bitcoin and wait for a rebound before shorting.

On Friday, short-term focus on 113,000-112,500 for Bitcoin, with a target around 115,000. For Ether, focus on 4260-4240, with a target around 4350. $BTC