From the current market perspective, it is still a bull-dominated market. Bitcoin made a high and then retreated in the afternoon, with the market maintaining a strong upward trend around the support near 105000 after touching the bottom. Ethereum moved in sync with Bitcoin, but structurally did not form a significant range, still fluctuating around the 2500 mark for correction. Currently, the market clearly sees a pullback for buying, but some always enter high for long and low for short. In fact, whether you are more bullish or bearish often depends on your ability to control entering the market at the right moment. Although there are one-sided structures, they do not manifest in every time period; most of the time, the market is still adjusted within a fluctuating range to maintain a normal trend. Naturally, the range points are also analyzed based on the previous highs and lows from the upper and lower price movements, not blindly making decisions without understanding. That would definitely be an irresponsible approach. Currently, after the market has provided a larger structure, it is showing a form of wide fluctuations that drive the price higher. Therefore, in terms of operations, we can expect a pullback space of about 500 points for short-term trading, and we will treat buying on dips accordingly.
For Bitcoin tonight, consider buying in the range of 104300-104800, looking towards 106000. For Ethereum, consider buying in the range of 2470-2500, looking towards 2600. #比特币 $BTC