Thursday Market Analysis

Last night, Bitcoin really surged, almost hitting 100,000.

The current trend is basically confirmed, which is upward.

Friends who should have jumped on the train during the recent big drop should have done so by now.

Long-term bearish friends need to be cautious ⚠️ Bitcoin should be able to rise above 101,000, but it's impossible to skyrocket.

After rising, there will be a pullback and adjustment; this is a hard rule.

Today, the overall direction looks bullish; short-term operations can be done casually.

Today, let's open a long position in Ethereum. I forgot to tell you all to adjust the stop-loss point for yesterday's short position, which resulted in a loss. It's inconvenient in the plaza like this; the community can notify adjustments at any time.

Ethereum: Long around 3470

Defense: 3420

Target: Around 3540

What we are doing is ultra-short-term; it's about taking profits quickly, not long-term positions. Don't treat it as a long-term trade.

Personal opinion, for reference only.

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