BTC is still bullish and is currently in the three-wave rising stage, but there is a need for a pullback at this stage.

Two situations for going long

First: directly start the four-wave pullback from the current stage, and use the previous wave sub-high point and the rising trend line as support to observe the stop-loss signal around 61,000, and look for long opportunities.

Second: The three-wave rise continues, and there is a high probability of breaking the previous high of 6.5w. The demand for this line of breakout will be greater. The end of the rise will wait for the four-wave pullback, and the current adjustment relay and the rising trend line will be used as support to observe the stop-loss signal and look for long opportunities.

These two deductions belong to going long with the trend.

But only going with the trend, doing the wave and abandoning the short-term trading opportunity cost will be very high, the trading opportunities will be less and the frequency will be low, and more patience will be required.

If you want to participate in more trading opportunities, then you need to consider catching the short-term short of the pullback. This approach is against the trend and the profit space is limited, so the stop loss will not be too large.

Go short at 63,000. Stop loss 63550, take profit around 61500-61000

Ether also happened to go up to around 2600. Then it also encountered a pressure point. It is also near the first target I mentioned. Let's see if it can stand up again after the callback. Basically, the spot has eaten up the first target

Follow Jingcai, follow Jingcai and don't get lost. You can communicate with it in time!