Time really flies, and in the blink of an eye, the day is over. Overall, looking back at the market on Thursday, Bitcoin also refreshed its historical high, reaching a peak of around 111,866 during the day. In the afternoon, Bitcoin's price experienced slight fluctuations and consolidation to build momentum. As expected, in the evening, Bitcoin's price welcomed a second round of surges, with bulls eager to act. Ethereum showed a one-sided upward trend during the afternoon, touching the high level of 2,692 before facing resistance and retracing. We also emphasized in the evening that attention should be paid to the strength of the pullback for Ethereum, with aggressive traders looking for short positions. There is still profit potential. The Ten-Pan Academy is benefiting from both long and short positions. Thursday concluded perfectly.

The four-hour consecutive rise indicates that the strong bulls cannot be stopped. Once the upward break occurs, it means increased volume, so the bulls' frenzy is expected and is an inevitable result of the trend structure. We previously mentioned that in the current market, a pullback is a sign of bullishness; if there is no pullback, then it suggests continuing to follow the bullish trend for short-term gains, pushing directly upward during the day. The future market trend remains quite clear: it is still bullish, and following the bulls is the current main theme. In the short term, the price may experience some corrections, but corrections do not indicate a reversal. After the corrections, it is still necessary to revisit the bullish trend, and corrections are meant for better upward movement.

Operational Suggestions

Go long near 101,500 for Bitcoin with a target of 112,000.

Go long near 2,630 for Ethereum with a target of 2,700, 2,343,850, 1,084.