Thursday Evening Analysis

Last week's Bitcoin was the best reflection of its star quality, surpassing its own attributes, completely embodying financial attributes. After a pullback at the beginning of this week, it rebounded strongly yesterday, breaking through the $100,000 mark, and the current price is stabilizing above $100,000, with localized high positions maintaining a steady fluctuation, much like an arrow drawn on a bow, indicating that the short term will continue to rise!

At the same time, institutions have been increasing their positions recently. Whether it's BlackRock, MicroStrategy, or Grayscale, they are all increasing their BTC holdings, and Grayscale has also ventured into LTC, BCH, LINK, and MANA. The continuous bottom-fishing by institutions indicates that the bull market continues.

Stay determined in your strategy, adhere to a low-buy approach, hold a bullish outlook, and ride the trend!

On Thursday evening, Bitcoin is expected to retrace to 100200-100000, with a target of 102000-103000,

Ethereum is expected to retrace to 3900-3880, with a target of 4000-4050!