Recent market trends perfectly illustrate a saying: there is no highest, only higher. Whenever everyone is guessing the short-term peak, waves of upward movement are vigorously provided. Today, we also witnessed the price reaching a historical high, surging to 10777 at midnight. Throughout the day, we captured all gains, with Bitcoin taking a total of 5000 points with four long positions and one short position, while Ethereum entered the market four times to gain 200 points. Of course, there will always be those who maintain a skeptical attitude, but the strong always stand out from the crowd, so being discussed is quite normal. Being exceptional will make one the focus; it is also normal to be questioned when one’s perspective does not reach a certain height.
After a series of bullish candles in the four-hour chart, the bulls have pushed to a new high. While the current pullback has some space, the overall upward trend speaks for itself. The retracement only goes back to yesterday's starting point, and after previous pullbacks, a strong rally is unavoidable. Looking back at the 105000 mark, it was merely last week's matter. For the overall trend, we do not say bullish simply because the price has risen; we have maintained a bullish outlook for a long time. In terms of operations, everything is focused on completing pullback corrections, with a primary bullish rhythm. As the bulls return, we will continue to lead with a bullish perspective and make long-term follow-up layouts!
In the morning, Bitcoin moved around 105500-105000 directly, aiming for 107500. Ethereum moved around 3950-3930 directly, aiming for 4100. $BTC