Never try to predict what will happen, because the situations you will encounter are beyond your imagination. Just choose a development direction and be prepared to change at any time when the opportunity arises. The market is still operating within a volatile range, as we mentioned last night, it will first oscillate at this position because the recent volatility has been too calm, and the short-term movement is still a narrow range of fluctuations without significant amplitude. It is worth mentioning that the overall structure has not changed significantly; every time there is a pullback to the bottom support, it rebounds, indicating that it is still in a bullish rhythm. Yesterday, the major cryptocurrency also gained a total of 2700 points, and in the morning, it again gained over 700 points. After yesterday's increase, Ethereum's fluctuations were relatively calm, but there are still opportunities. The current market situation is still in a consolidation phase, completely wasting this opportunity.

Currently, the market is maintaining a narrow oscillation within a small range, with neither high nor low points breaking through. The daily line shows a bearish close, and it continues to fight for the key position of the upward trend line. The four-hour chart has also slowed down and is currently in a horizontal consolidation phase. It remains to be confirmed whether it will test the highs again or deepen the correction in the short term. The overall trend has slowed down, but this is not a signal for a trend reversal. Capturing a unidirectional market trend is an important trading strategy. By accumulating small profits during market oscillations and larger profits during a unidirectional market, we can effectively improve trading performance. Therefore, we should focus on those varieties that have opportunities for unidirectional market trends and concentrate our efforts.

In the morning, the major cryptocurrency traded directly long around 111800-111500, aiming for 115000. Ethereum traded directly long around 4150-4130, aiming for 4300. $BTC