In a person's life, the most glorious day is not the day of success and fame, but the day when one rises from lamentation and despair to challenge life and bravely steps forward with willpower. Failure is not to be feared; fearing failure is what is truly frightening. Adversity always comes accompanied by pain, but after experiencing pain, the insights and growth gained are the most profound. It is essential to understand that the trials of time have their reasons. First, let's review the intraday market conditions; the entire market is in a battle between bulls and bears. During midnight and early morning, we publicly suggested going long, with a total of over 1851 points in LoDai, and Ethereum's long positions also gained over 80 points. Currently, it is operating within a narrow fluctuation range. Although the range has not further expanded, the high-level consolidation and correction have limited the pullback space. This type of consolidation has replaced the decline and remains a strong bullish consolidation market. The short-term market is also in a phase of accumulation, still hopeful of challenging previous highs.

In terms of short-term trend structure, Bitcoin's short-term rebound is limited, generally leaning weakly, while the upper pressure is evident. Even with a rebound during the day, it is still under pressure and has not broken through significantly. Ethereum is under pressure at high-level resistance areas, indicating that there is still an expectation of adjustment in the short-term future. In the evening, the first consideration is the situation of short-term pressure after the rebound is limited, followed by the inability to sustain the upward rebound. After the morning's stop decline, there is a chance for another rebound to rise, thus approaching from two aspects: if the pressure area cannot be effectively broken, a high position should look for a pullback, while low support positions should look for a low long to capture rebounds, maintaining a range-bound approach. If the market breaks down, we will make adjustments.

Operational Suggestions

On Thursday afternoon, Bitcoin can be bought around 111300-111000, with a target of 113000.

Ethereum can be bought around 4500-4480, with a target of 4600. $BTC