The market trend has completed again in the early morning. Overall, the price comparison has experienced a strong pullback. After reaching a high of 105863 yesterday, the price comparison began to face downward pressure, dropping to a low of around 100678 in the early morning, with a decline of about 5000 points. This is also the largest pullback we have seen recently. Our thought process at midnight remains: as long as Bitcoin does not break below the 100,000 mark, we still hold a bullish trend. The market has also shown a rebound after hitting the bottom, but the attempt to break through the new high has not been sustained. After testing the support near the 100,000 mark, there was a strong rebound. The daily line formed a Yin-Yang needle, with a larger drop than the rise, showing an inverted cross candlestick. Ethereum has shown a similar pattern, with a drop of over 200 points, but compared to Bitcoin, the space is slightly smaller, and there isn't a deeper retracement space. In terms of the 4-hour chart, this strong pullback has increased the washing effect, first testing high to wash shorts and then hitting the bottom to wash longs. The volatility base has expanded again. Our bullish outlook remains unchanged, and we maintain the strategy of buying on dips. The stop loss for Bitcoin is set at 100,000, while for Ethereum it is at 2350. We continue to be bullish.

Bitcoin can be bought in the range of 101500-101000 during the noon session, targeting around 13500; Ethereum can be bought in the range of 2410-2370, targeting around 2500. #CPI数据来袭 #Strategy增持比特币 #比特币