The crypto world specializes in treating two types of ailments — "the unfortunate people afraid of heights" and "the stubborn old retail investors" either slap their thighs in regret for missing out or have tombstones carved along the stop-loss line. Every tear you shed is a footnote to the dog dealer's K-line chart. The only truth in the crypto world: "As long as I don't operate, the dealer can't cut me" — but can you? At midnight, our long position suggestion regrettably suffered a loss of 400-30 points, but following the trend to short was perfectly executed, capturing a range of 1202-130 points, and the morning's suggested long position also perfectly captured a range of 865 points for Bitcoin, with Ethereum capturing a range of 53 points! $BTC

Currently, Bitcoin is showing a fluctuating pattern after encountering resistance at a peak. The hourly level maintains a step-like upward structure. Although multiple attempts to break through the previous high have failed, the low points are gradually rising, and the effectiveness of support continues to strengthen. In the evening, the price quickly rebounded after testing the lower Bollinger Band, indicating solid support below, and bullish momentum is still in the accumulation phase. The K-line pattern has completed the volume release of a short-term head structure, and there is hope for a continuation of the upward repair trend.

Bitcoin pulled back near 111000 for long positions, targeting around 113000, and Ethereum pulled back to 4500-4450 for long positions, targeting around 4700.