Morning Thoughts

Yesterday, the Bitcoin market surged like a runaway horse, rising sharply to the impressive line of 98900. However, as market conditions changed, it soon began a journey of correction, akin to the retreating tide, sliding down to the line of 92600 before halting its decline and starting to rebound. At this moment, its price is fluctuating around the line of 94000. It is important to understand that this pullback is merely a brief pause in the bull market journey, and the overall upward trend has not fundamentally reversed. From a technical structural analysis, the bulls still firmly control the situation. In a bull market, corrections are a norm; as the saying goes, "A thousand pieces of gold cannot buy a bull's turn," each pullback is like a precious gift from the market to investors, similar to a bus reversing on its route, actually providing a rare opportunity for those who couldn't board in time. For short-term day trading strategies, one can flexibly grasp the rhythm of selling high and buying low, moderately placing short orders when prices rise and decisively entering long orders when they pull back to low support areas.

For morning Bitcoin: Buy at 93500-93200, targeting 94200-94500.

For morning Ethereum: Buy near 3410-3390, targeting 3440-3460.