It's never too late to start; the most frightening thing is that you never dare to take the first step. The market has been quite volatile this month, with many opportunities emerging for both short-term and medium-term trading. The chances and timing for entering the market have increased accordingly, making this month's performance quite impressive. In fact, achieving such results is not complicated; the key lies in understanding the market's patterns and structures. Once understood, participation becomes relatively simple. Currently, the entire market is slowly and steadily rising.
When structural space opens up, the market officially enters an adjustment phase. During this stage, we must maintain confidence in the trend because adjustments after a rally are the norm in the market. Structurally, the market still has the potential to break through previous highs. Therefore, at this stage, we should maintain a range-bound approach, following the market's rhythm. The short-term cycle has been oscillating at the upper track, indicating that the market is still gathering momentum, and the overall trend is expected to remain bullish. In terms of short-term operations, we can adopt a low-buy strategy. Although we previously proposed a short-selling strategy after a rebound, the strength of the current rebound is considerable, so we need to consider following the trend to go long.
Specifically, Bitcoin can be considered for purchase around 83,500, with the first target looking towards 85,000 and the second target towards 88,000. For Ethereum, a purchase can be considered around 1,870, with expectations that the price can break above 2,000.