Bitcoin wash trading is rampant. You can be afraid of heights, but really, don't guess the top easily!

Bitcoin had a rollercoaster ride yesterday, staging a V-shaped pullback, then crashing down again, and finally making another V-shaped pullback to a new high. The highest point has reached 110,992. According to Zhongliang's perspective, today we continue to hold a bullish view on low positions. You can be cautious at high levels and choose to observe, but really, I do not recommend easily guessing the top to short! You can either watch from the sidelines or consider a pullback as a buying opportunity; this market makes no sense! Recently, the bulls have been incredibly aggressive, as everyone can see. Whenever the price drops, whether it's a crash or a pullback, the bulls immediately retaliate even more fiercely, bringing the price back up. Under such strong bullish momentum, don't overthink it, just continue to hold a bullish outlook!

For Bitcoin, watch for support around 109,500 and 108,000. If there’s a pullback here, take a long position with good defense, targeting 110,500, 111,500, and 112,500.

For Ethereum, watch for support around 2,580 and 2,530. Set a low long position here and wait, targeting 2,650, 2,700, and 2,750.

The market volatility is significant, so definitely don't get overly excited. Often, when people are pleased, they easily lose their composure, and once the price continues to rise like this, those who are overly bullish can easily suffer losses in a bull market. So control your position and strictly set stop losses! Risks and profits always coexist. Remember at all times, risk management is key! #比特币突破11万美元 $BTC