Some people exhaust their strength but remain stagnant, while others advance calmly and reach faraway places—The difference lies not in the degree of effort, but in whether the right direction is chosen. If the direction is wrong, running faster is futile; if the choice is right, effort will yield twice the result with half the effort. Our morning layout of over 107,500 long positions took profit at 108,100 points, and Ethereum also indicated taking profit on the long position around 2,670 near 2,750. Subsequently, in the afternoon, the Ethereum price did not stabilize around 2,770 but instead went through a pullback, with the lowest price touching 2,700, and currently, the price is around 2,727.
From the perspective of hourly technical indicators, the current price is supported near the middle band of the Bollinger Bands and has not dropped significantly; there is bullish support. If it can stabilize, there is hope for an upward attack towards the upper band; the KDJ indicator shows that the three lines are in a reasonable range, with no obvious dead cross; once the J value crosses upwards to form a golden cross, it will release bullish signals; the MACD indicator's histogram is growing above the zero axis, and the DIF line shows signs of crossing above the DEA line to form a golden cross. If established, it will assist in price increases, overall showing a slightly bullish trend.
Bitcoin strategy: Long near 107,500, target 109,000
Ethereum strategy: Long near 2,720, target 2,800
