Midday Market Analysis: Pay attention to the breakthrough of previous highs for a rebound! Good afternoon everyone! The market welcomed a rebound last night, with considerable strength, basically reaching the first resistance level.

It is worth noting that some investors are hesitant to enter the market to go long when the market drops to support levels, but chase high prices when it rises; their trading mentality needs adjustment. Last night's live broadcast timely advised against chasing shorts and suggested "increased issuance of U is a positive signal," helping to avoid potential risks.

From the market perspective, this decline did not break the previous low of 1007 (BTC), indicating effective support below. If new lows are not formed, the market is likely entering a rebound cycle, with short-term targets looking towards the previous high of the last wave.

It must be clear that only continuous breakthroughs of previous highs can sustain the upward trend; if there are obstacles, one must be cautious of fluctuations.

Today is Friday, and it is important to pay attention to market fluctuations in the evening (usually, Friday nights to weekends are prone to change windows). If there are no violent fluctuations tonight, the weekend may enter a sideways consolidation.

The short-term key resistance levels for BTC are $1048 and the previous high of $1058, whether it can break through depends on the direction of the main capital. It is recommended to maintain a wait-and-see approach rather than subjective predictions.

Operational Advice: If the support level stabilizes, you can gradually position yourself, and be cautious about chasing prices near resistance levels, focusing on short-term waves while avoiding excessive speculation on the market.