Today, although the overall trend is relatively slow, the direction has consistently aligned with our expectations. As mentioned earlier, the overall movement is still a slow rise in a consolidation pattern. After a certain pullback in the early morning, we also chose to go long directly, and by morning we secured a space of 2193 points, with Ethereum also giving us over 100 points of space. Of course, we did not miss this wave of market movement, and by morning, Ethereum also reached our direct target point. A profit of 115 points was made. In the afternoon, we again publicly advised going long directly near 109600. At this position, we also chose to open a long position, but the price turned around and gave a pullback. We added our positions following the trend and ultimately secured over 400 points in Bitcoin. As for Ethereum, there’s no need to mention it; in the afternoon, a wave of long positions directly earned us 100 points, allowing us to exit the market. Today, we gained over 2500 points in Bitcoin and over 200 points in Ethereum. The recent market conditions have been like this; whether going long or short, there must be a clear strategy. One cannot just chase the market when it rises or falls; that would simply mean being led by the nose. The key is to grasp the entry points and see the trends clearly.
The daily chart is still running above the middle track. In the evening, the price tested the 110000 line for the second time but did not break through and was pressured back, with the pullback lacking continuity. From a short-term perspective, the market currently shows a continuous upward trend. Overall, the current market situation is in a stage of accumulation after a second pressure retreat. After a pullback and consolidation, the 4-hour chart currently relies on the upper middle track for support and consolidation, with the structure still in a rebound extension at 108800 as the bottom, without a rapid high and pullback pattern. Looking at the hourly chart, the short-term upward rebound will continue. After yesterday's consolidation, it moved higher. Combining past initial week movements, there has been no high-level pullback, indicating a short-term accumulation and reversal, with a rise merely being a matter of time.
At midnight, Bitcoin went long directly around 108500, aiming for 115000. Ethereum went long directly around 2710-2680, looking up to 2830.