The market is full of uncertainties, but also full of opportunities, making those who cry stop sobbing and those who laugh scream out loud. Important teachers are becoming fewer, but those who remain are becoming more important. What is there to show off? The future self is laughing at the current self! This is a sign of progress and growth. Recently, the market situation remains in a heated tug-of-war between bulls and bears, with no breakout to the upside and multiple instances of a drop to lower points. It can also be understood as operating within a wide range. The price comparison in the early morning has once again welcomed an upward probe, and our low long and high short strategies have also captured a space of 1600 points. Ethereum also has a space of over 100 points. A new day has already begun, and we will firmly seize every opportunity.
The daily structure still shows a doji closing, and the recent multiple upward probes have been affected by the strong pressure at the short-term 112500 level, which has not yet achieved a breakthrough. Currently, it is in a high-level tug-of-war between bulls and bears, with the overall strength unchanged. After all, the pullback has not reversed the recent upward space. However, considering the multiple failures to break above, we need to be cautious about a potential pullback space. The four-hour chart has repeatedly shown a door-like market condition, and the recent price action of probing higher and closing lower can only be regarded as a fluctuation, rather than strength. There will still be competition this week. The four-hour chart has repeatedly tested high points and retested the support of the previous high, stabilizing above. If we hold, we continue to look bullish; if we lose support, it will turn into a pullback. In the short term, it may present itself as a longer time of oscillation and tug-of-war. There are changes on both sides.
On Thursday morning, Bitcoin is trading directly long around 111000-110500, aiming for 113000. Ethereum is trading directly long around 4500-4480, aiming for 4600. $BTC