Today’s market, although there has been a retracement, each time the bears pull back, the bulls have managed to reclaim it, leaving behind long lower shadows. The long positions arranged around 92000 in the evening were also taken again, and the Bitcoin subsequently reached a high of 93500, easily providing more than 1000 points of space. Therefore, don’t be afraid of market fluctuations; there will always be a time to stabilize, and once it stabilizes, it’s our opportunity to re-strategize.

The daily candlestick body of Bitcoin is getting smaller, indicating that the competition between bulls and bears has reached a fever pitch. If the bulls want to stretch now, it's simple; they first need to clear out the numerous retail investors on board. With today’s closing candle, the four-hour chart has also started to contract, but overall it is still operating above the middle band. The overall structure has not reversed, and in the early morning, we will continue to treat it as a retracement for longs; just remember to maintain good defense.

Long Bitcoin at 92500, focus on 94500.

Long Ethereum at 1740, focus on 1800.