In the early hours of $BTC , Bitcoin retraced to 116923, then paused, directly starting a new round of rebound recovery, reaching a high of around 118000. The given strategy has once again reached our expectations, with both Bitcoin and Ethereum hitting anticipated positions, then retracing to continue buying; however, since the space is limited, no reminders were made. Breaking the high still requires time for adjustment, and we will continue to buy on subsequent retracements!

After a small bearish candle on the Bitcoin daily chart, today's large bearish candle fully engulfs the gains of the previous two days, with the current price in a normal rebound recovery phase after probing the bottom. On the four-hour level, the price has been declining, touching the lower Bollinger Band, then a low hammer candle appeared, forming a classic bullish counterattack signal. The hourly level also shows signs of stabilization after continuous probing of the bottom. Overall, from various timeframes, there is a certain demand for a rebound in the technical aspect. In the morning period, consider light positions for short-term buys, focusing on observing the strength and sustainability of the price rebound.

On Wednesday morning, focus on buying Bitcoin around 117300-117000, targeting around 119500, and for Ethereum, focus on buying around 3760-3740, targeting around 3880.