$BTC Wednesday Morning BTC Ethereum Market

Reviewing yesterday's pullback and buying strategy, it perfectly fulfilled our expectations. After a midnight actual market exploration near 105000, it faced pressure and fell back. Ethereum also strongly approached the 2740 line. Currently, the actual market is oscillating around 103800. We maintain the pullback buying strategy this morning, and we are currently at a certain high level. Aggressive traders can now try short positions with light positions to catch the pullback.

There is a simple principle: the market cannot rise mindlessly all the time. When you become numb to the rise, a significant pullback can leave you feeling helpless. Therefore, a key issue to note here is that the late evening to midnight surge has caused Bitcoin to touch the previous decline point and a bottleneck line. Thus, being cautious is paramount moving forward. Currently, transitioning to an oscillating rhythm means we cannot blindly guess entry points for long or short positions. While the overall direction remains unchanged, the positions for going long need to be adjusted appropriately.

Morning Operation Suggestions

Bitcoin 103000-103500 range, target 105000.

Ethereum 2680-2670 range, target 2800.