The price comparison today has been on a continuous rise, aligning with our recent bullish outlook on the Silk Road. This afternoon, we firmly seized the opportunity, and Dan managed to capture a space of 1000 points. In the afternoon, the price also retraced to 93200. After retracing to the vicinity, we re-entered long positions on Dan, securing over 400 points in short-term gains. Ethereum also gained nearly 100 points today. The recent market conditions reflect this; it is not that we only follow long positions, but rather that the trend creates success, and the larger trend is in a continuous upward phase.

The daily chart shows a strong single upward candle, bringing the price to a high level and stabilizing. The previous top has now transformed into a bottom. The overall strong structure speaks for itself; the trend is still in a situation waiting for correction before continuing to reach new highs. After a series of four-hour upward candles, we also saw a doji candlestick as an adjustment. The retracement is within a normal range, and small fluctuations have been quickly recovered by the bulls. Support continues to rise, and the upper pressure level is precarious, ready to be breached again at any moment. Overall, we will continue to adopt a strategy of buying on dips in the Silk Road for subsequent arrangements.

Bitcoin can be traded long around 93000-92800, looking towards 94500.

Ethereum can be traded long between 1790-1760, aiming for 1870.