Being pessimistic is useless; everyone wants to be born into a good family, but we cannot choose our parents. Everyone wishes to stop at a single point, but we cannot control the trends. What a qualified trader needs to do is: play the best hand you are dealt, similar to the recent one-sided market trend. Opportunities are presented to you; this easily understandable market situation still sees some people going against the trend, with predictable results. Looking back at yesterday's market, we still centered around the bullish trend throughout the day. Since early morning, the price has risen from around 100800 to approximately 103000 before entering a pullback correction to about 101500. In the evening, we again provided bullish strategies, and the price surged nearly 2000 points, approaching the 104000 mark. Throughout the day, we managed to place multiple bullish orders successfully, and it can be seen that we are now close to a new historical high, with the price stabilizing around 103000. During the day, we gained over 2000 points in Bitcoin and nearly 70 points in Ethereum. Recently, Bitcoin has been starting from several hundred to over a thousand points, indicating how quickly positions can accumulate in such an environment. #BTC☀ #ETH🔥🔥🔥🔥
From a technical perspective, there isn't much to analyze. The upward trend is very clear, and multiple peak-bottom conversions reflect the overall strength. Currently, the overall low is still the previous high, and the pullback space will gradually widen. However, we are still in a period of bullish buildup. Considering the strong upward movement during the day, there may be a short-term pullback, but then a stabilization and recovery. In terms of operation, it's advisable to stagger positions. Looking at the four-hour chart, the current four-hour chart possesses the momentum to break new highs again, with continuous consolidation and buildup. As the lows rise, we are just waiting for the force to break the highs and open up space.
Bitcoin is hovering around 102500-102000, targeting 105000, while Ethereum is around 3890-3860, targeting 4000.