Currently, the overall pace is still in line with the expectations set in the morning, and it is generally in a slow recovery rhythm for the bulls. The target of 113000 mentioned in the morning has also been reached by noon. Ethereum has followed the rhythm of Bitcoin, slowly rising to the high point of around 4585, with the target given in the morning also reached. All the recent positions can be seen; basically, they have all been medium to long-term trades because, for the current market, if a position is held for a shorter time, there isn't much space for profit. Therefore, we have held the positions mentioned in the morning until now, with Bitcoin perfectly gaining 2275 points and Ethereum also achieving a gain of 112 points, which is quite satisfactory for the current market.

From the current market perspective, after a continuous rise in the early morning and morning, the short-term has again entered a consolidation phase, with each high point followed by a pullback. The rhythm still indicates that the bulls remain in a strong trend, and the short to medium-term bullish expectations remain unchanged. After a periodic adjustment, the daily chart has re-entered a series of bullish candles, currently forming a single bullish recovery momentum. The continuous adjustments have all ended, and the bullish pattern is gradually being confirmed, with a relatively strong structural formation. The process of consolidation and accumulation has not been too lengthy, showing a slow rise without a strong one-sided trend, but rather a gradual increase with each pullback. Next, we will see the strength and duration of the next upward push. Currently, after a wave of highs in the early morning and morning, the small cycle is constructing a corrective staircase, and we will continue to look for bullish opportunities above this staircase.

Operational advice

On Thursday afternoon, buy Bitcoin around 112500-112000, and the target still focuses on the breakthrough of 115000.

For Ethereum, buy around 4560-4540, with the target focusing on 4680. $BTC