Mountains have peaks, lakes have shores, please believe that everything will eventually come to fruition. Although the afternoon market trend diverges somewhat from our provided perspective, it is not far from the long positions we suggested. After early morning positions were closed, we waited for news to be released in the evening, then strategically placed short positions at high levels, once again securing a gain of 1400 points on Bitcoin and over 100 points on Ethereum. Throughout the day, we achieved perfect gains in both long and short positions. Currently, the overall trend has entered a phase of fluctuation after a pullback during the day, and as we approach the weekend, we expect the fluctuations to continue. For subsequent operations, we should grasp the upper and lower ranges, and we can still focus on low long positions while using high short positions as a supplement. The fluctuating market is also the best time to accumulate positions; during a strong trend, most people may not be able to hold on, so it is worth paying attention to the recent market conditions.

From the current market perspective, the situation has once again entered a phase of corrective fluctuations. In the short term, the rebound is limited, and the trend is relatively weak, while the upper side is under clear pressure. Multiple attempts to rebound upwards are still under pressure without significant breakthroughs. Currently, the market is under pressure at high levels, indicating that there is still a bearish expectation in the short term. Today, we should first consider that the rebound has not been sustained, and secondly, we are currently in a narrow range of fluctuations after halting the rise. Therefore, if the current pressure area cannot break effectively, we expect a pullback in high positions, while maintaining low long positions to catch rebounds at low support levels. We will continue to treat the range as a back-and-forth situation, making adjustments when breaking through. The current strategy is still to focus on long positions and look for rebounds.

Bitcoin: 112300-112000 Long Target: Focus on 114000

Ethereum: 4280-4260 Long Target: Focus on 4380$BTC