Actually, we have already reminded quite clearly early Thursday morning, what points are long, basically stated very clearly, the subsequent points and expectations are basically consistent, and entering the market is basically secured. In this strong rebound market rhythm, Bitcoin has once again reached 1400 points, and Ethereum has achieved more than 70 points, which is relatively satisfactory. However, it's just a clear follow-up on the pattern, and since the difficulty factor is not high, there's no need for excessive elaboration. #BTC☀ #ETH🔥🔥🔥🔥
From the current overall market structure, the general direction naturally remains bullish, while from the small cycle perspective, after the bullish rebound, it has currently stagnated. The stagnation point is what we often refer to as the consolidation trend. In the small cycle, it repeatedly attempts to break through the 97000 level to establish a foothold. From a technical structure perspective, as the number of attempts to break through a resistance point increases, the probability of subsequent stabilization after the breakthrough will increase significantly. The overall pattern structure has basically taken shape, and the current slow rise is still a rise. The bulls are still in a state of preparation, so for the morning, we can still maintain a follow-up to the trend for long positions.
Bitcoin is hovering around 96000-95500, with a target expectation of 97500, while Ethereum is around 3620-3600, with a target expectation of 3700.