Looking back at the market situation from early morning until now, after peaking near 108500, it has slowly declined to around 105500. Meanwhile, our long position at 106250 established at midnight is still being held. I have always maintained a mindset that pullbacks are just part of the process, and the ultimate result is a rally! #BTC☀ #ETH🔥🔥🔥🔥
Whether from the overall structure or subsequent formations, as long as there is no obvious bearish reversal in the market, we continue to pursue long positions. Although there has been a slight pullback, it is not difficult to see from yesterday's strong breakthrough of the high point that every rally is accompanied by a certain degree of correction. It is just a matter of the timing and magnitude of the pullback. Currently, the price is oscillating around 106000 without any significant signals for a large pullback. Therefore, we can continue to pursue long positions, without fear of heights, nor being daunted by them.
Bitcoin is oscillating around 106000, with an expected target of 108000, and Ethereum is directly at the current price, with an expected target of 4050