The wind blows in one direction, and the grass will bend in that direction. Many people think they are the wind, but occasionally realize that the moment of powerlessness resembles the grass. In investing, never let minor troubles affect the smile you have when looking at the future. The afternoon's price comparison continued the recovery from noon, rebounding after a dip stopped at the 110935 line, with the bulls recovering to a maximum of 113121 in the evening. Today also provides more than 2000 points of recovery space. The bulls are gradually recovering the lower space step by step, and in the short term, the trend is shifting from a strong bearish to a bullish run. In the afternoon, we suggested going long; we don't know how many people followed, and the multi-Dan layout we suggested in the afternoon has now achieved a space of 1623 points, while Ethereum has gained 99 points of space. With the current rhythm, we just need to determine the direction and establish a good approach, and then it will become very easy to make gains.

From the current market perspective, the overall structure is still operating in a momentum of accumulation and rise. The previous downturn did not break lower, indicating that a bottom is slowly forming below. However, the market will still go through a process of repeated recovery and consolidation. Based on the current trend, the pullback is minor and does not break support, and there is further demand for an upward push. From a technical structure perspective, the four-hour level space is in a triangle oscillation, with the bullish and bearish trends repeatedly not extending. There is pressure above, but the downward force is also not strong, and the competition between bulls and bears is fierce, with a short-term need for adjustment, and the market will choose to rise again. For now, we still maintain the approach of retracement to go long.

Bitcoin: 112500-112300 Long Target focus 114000

Ethereum: 4160-4140 Long Target focus 4280$BTC