Sukesi Road Analysis
From a technical structure perspective, the short-term has officially entered a correction adjustment cycle. This is mainly due to the massive momentum released during the weekly breakout, which opened up considerable upward space. However, after the breakout, the market did not promptly enter the correction phase, so the current adjustment falls within a reasonable range. On the daily level, after a series of bullish candles, a bearish candle has appeared for the first time, which seems more like a 'pause signal' in the market rather than a sign of trend reversal. The overall bullish trend has not changed; it is just highly likely to enter a period of several days of consolidation. Looking at the smaller cycles, there has not yet been a significant rebound momentum during the current pullback, indicating that the lower support has not yet been confirmed. There is still potential for further downside in the short term. However, during this correction and consolidation phase led by the bulls, there are actually operational opportunities on both the long and short sides, but it is strategically recommended to align with the main trend and prioritize setting up long positions after pullbacks. A preliminary plan can be formulated based on the idea of more pullbacks, and the specific operational rhythm can be adjusted later based on the actual rebound strength.
Next Week's Operation Suggestions
Buy Bitcoin in the range of 114000-113500, with a target near 117000;
Buy Ethereum in the range of 4740-4700, with a target near 4900.
