Today's market overall rose first and then fell. After the morning coin price hit a high of 100,000 and was blocked, the subsequent market mainly followed a bearish trend, dropping to a low of 95,200. Afterwards, the market fluctuated with a thousand-point range between long and short positions. Both long and short positions have room for profit, with more short-term layouts during the day, so they won't be overly counted in the actual trading statistics. During the day, a large position was swept with a single order, and in the evening, the market did not break through the 95,000 line. The pullback also yielded considerable gains; there's no need to boast about strength, as it is indeed a volatile market. Everyone can grasp the range with strength, and there is still quite a bit of space to take, but the focus should be on the midnight market.
From a technical structure perspective, the large position has been continuously probing lower during the day. Historically, bull market corrections tend to last for 2 weeks. Last week saw a deep correction, and this week nearly recovered half before retesting near 95,000, without further continuation of bearish sentiment. After the US stock market opened today, the stock price did not further dip below the 95,000 line, indicating that the market is expected to rise. However, the hourly bullish pullback to the mid-track was fruitless, and it continued to probe lower, near the opening point at the end of the trading day. In the short term, it remains in a volatile consolidation phase, and we still need to pay attention to whether it breaks below 95,000 at midnight. I advocate continuing to maintain a bullish outlook, as the bull market's return is about to come to an end, and it has not broken the corresponding support during the day, so we should temporarily maintain a bullish stance.
The large position can go long at 95,200-95,500, with a short-term target near 97,000. The small position can go long at 3,300-3,320, targeting around 3,400. #BTC上攻11万? #2025加密趋势预测 $BTC $ETH