When I first entered the cryptocurrency world with excitement in $BTC , reality quickly brought me back to my senses. The market fluctuated violently, the funds kept declining, and the losses became the deepest imprint. In confusion and anxiety, I wondered if the door to the cryptocurrency world had closed on me. But you just haven’t found us yet! On Wednesday evening, Bitcoin continued its afternoon rebound trend, with the price rising from the afternoon low of 110,306 to a high of 112,568 before facing resistance and falling back. Ethereum also maintained a fluctuating upward rhythm, climbing from an afternoon low of 4,550 to a high of 4,663 before encountering resistance and retreating. In the evening, the long positions were successfully closed for profit, with Bitcoin gaining 1,822 points and Ethereum capturing 54 points!

On the four-hour level, a key resistance was broken through, and the moving averages showed a bullish arrangement, with a technical formation of 'breakout stabilization.' The overall cryptocurrency market is leaning towards bullishness, with Bitcoin showing a clear direction in its rebound while Ethereum follows suit. Although Bitcoin and Ethereum faced resistance at expected profit-taking levels, this is a normal adjustment and does not change the upward trend of the bull market. The current trend still leans towards bullish, and the trend has not reversed; we remain optimistic into the midnight. Recently, the volatility has been intense, so operations must strictly ensure defense.

Bitcoin is long at 111200, focus on 113000

Ethereum is long at 4600, focus on 4700