Updated on August 27: Bitcoin long positions entered, Ethereum rebounded as expected, is a big surge about to come?

🔶 BTC's public long positions were entered gradually with stop loss adjusted to 107500, and profit targets set at 115000 and 120000. At this position, I choose to remain steadfast with Bitcoin, otherwise, if it breaks below this level, we might see a bearish trend.

🔷 ETH also stabilized here as expected, rebounding to the first target +200 points ✅. Considering Bitcoin as an indicator, I believe Ethereum will go beyond this, with the next target being 5280.

🧪 Summary: Currently holding a full hand of long positions, this is the only place worth betting on for long in Bitcoin's current movement; the risk-reward ratio for shorting is not high, and I don't want to give up. Those who traded on the left side yesterday should have joined me in the long positions, while right-side traders can wait for a reversal confirmation at 112000 to enter.

🏂 It's worth noting that the long position I entered after reducing my holdings here is not large, currently at 125x1%. The risk is only 2R.