The weekend market once again aligns with our thoughts and unexpectedly reaches expectations, with the price touching the line of 109600 again. Unfortunately, it did not stabilize at the line of 1096000. This indicates that upward pressure still exists in the short term. Therefore, a pullback is possible in the short term, but if the rebound does not break the upper pressure, the efforts will still be in vain. Currently, we are still using a method of exchanging time for space in our corrections. Although the space has provided decent opportunities, the overall progress remains relatively slow, with frequent transitions between bulls and bears. At this time, there is no absolute bullish or bearish sentiment; we can only analyze based on the current market structure. I believe such market conditions have made it difficult for everyone. Recently, if there is a significant desire to turn around or if you have tricky positions, you can consult the teacher.

From the current perspective, the daily closing is positive, and the overall trend of the price maintains a strong stance in the short term. Although the recovery strength is not too large, all indicators point toward bullishness. From a technical structure perspective, after the market touches the low point near 109000, it has not fallen again but has been rebounding with increasing strength. This signal aligns well with the correction pattern after a pullback. After all, the previous bottom shows certain support signs, and a rebound is inevitable; it just needs to be verified in terms of space. The 4-hour level has consecutive solid bullish candles, indicating a certain strength. Although the short-term trend is bearish, the long-term benefits of shorting at the current price level are already beginning to decrease. Based on the current pattern, the short-term price is expected to reach the 112000 area. Only a strong break of this position can end the current downtrend.

Bitcoin:109200-109000 Bull Target focus 110500

Ethereum:4000-3980 Bull Target focus 4100$BTC