The first week of 2025 is still quite strong. The direction of the ideas emphasized at the beginning of the week is relatively clear, and most of the pullbacks have taken off. Although the movements have been somewhat slow, it does not affect the rhythm of the market. During the week, pullbacks have repeatedly taken off, and occasionally there have been short positions. Due to personal matters, updates have been less frequent recently. Fans who have privately messaged me have generally been informed of the bullish viewpoints and points, which have also mostly taken off. This rhythm is to face pullbacks and boldly go long. The bull market has not ended, and over the weekend, the focus remains on going long. #BTC☀ #ETH🔥🔥🔥🔥🔥🔥
After the pullback, it has risen again, still in a series of upward movements. However, the continuous strong rise has released the bullish momentum quite sufficiently. Currently, after the rise, it has fallen back and is in correction. Therefore, we will continue to refer to the time cycle for correction adjustments. The small cycle has begun to enter an adjustment rhythm, which is quite similar to the rhythm at the end of last week. The end of last week used consolidation instead of a strong correction for the pullback, while the weekend is a weak correction with spatial retracement. When a weak correction occurs, maintain the approach of pulling back and going long, rather than directly treating it as a long position.
Bitcoin is hovering around 98000-97500, with an expected target near 100000. Ethereum is around 3590-3560 for long positions, with an expected target of 3700.