Yesterday, the long position ultimately succeeded in making a profit. During the day, we firmly retraced and maintained a bullish outlook. In terms of market movements, after multiple tests of the bottom support during the day, the price formed a short-term double bottom below, and the key support below was not broken, which also gave us confidence in the bullish stance yesterday.

From the current market trend, after last night's surge, the price of Bitcoin and Ethereum has retraced again to establish short-term support. Currently, Bitcoin is supported by the short-term level of 82500, while it is also being constrained by the mid-level short-term resistance on the four-hour chart, beginning to show volatility. Therefore, during the day, we will observe the support situation at the bottom; as long as it does not break, we will continue to maintain a bullish outlook.

For Bitcoin, the short-term support first looks at stabilizing at the support level of 82500-82200 during the day. If it stabilizes here, we can subsequently look at the resistance situation around 83000-83500.

For Ethereum, we should pay attention to the short-term support situation at 1810-1785. If the price tests this level again without breaking it, this will also present an opportunity for us to go long, with initial targets around 1850-1880!