Many people easily fall into a cognitive trap, thinking that once prices rise, it's time to short. Any structure that emerges is not static; what may have previously oscillated can now trend upward steadily. Market conditions are ever-changing, which is why we need to monitor the market in real-time and analyze continuously. The short-term bullish stance during midday has also been successful again, although not significantly, it proves our direction is correct.
The daily chart of Bitcoin shows flexible and continuous stretching, and the current trend is still diverging, indicating that bullish momentum is still building. Looking at the four-hour level, the previous bottom rebound structure is still ongoing, and there is still room above. In this kind of unilateral upward movement, we primarily follow the trend until we can no longer add more.
Bitcoin is above 87,000, watch for 88,500.
Ethereum is above 1,630, watch for 1,700.
