The initial drop in the morning did not lead to a sustained decline, and the market quickly returned to a sideways oscillation rhythm—this period of movement actually carries this characteristic, as after each wave of fluctuations, it always enters a consolidation phase, more like gathering new momentum.
In the face of the current oscillation pattern, we still tend to see a rebound. The market will not be trapped in a pullback or oscillation forever; the emergence of a one-sided trend is just a matter of time. From a broader perspective, the current structure resembles a bull market gradually reclaiming lost ground amid oscillations, and even with pullbacks, a sustained decline has not formed, indicating that the overall bullish tone has not changed.
Therefore, the upcoming strategy is clear: focus on establishing long positions during pullbacks, operating in line with the larger trend rhythm.
Evening analysis:
Bitcoin: around 113500-114000, target 116000
Ethereum: around 3500-3530, target 3600
Market conditions change rapidly; the above suggestions are for reference only and should be adjusted based on actual circumstances!
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