In fact, the circle is very small, and reputation comes from effort. My favorite four words are 'cooperation and win-win'. Looking back at today’s market, it has also been a rather crazy day for price comparisons. We are witnessing history again, as this is the first time that prices have broken through 105,000. The highest point reached was around 106,665. A few months ago, this was something we wouldn’t even dare to imagine, and today, our wishes have come true. After a morning surge, we are currently back to the familiar oscillating rhythm. Most of the intraday trading is focused on low positions, and our long positions have also been quite rewarding, capturing over 2,000 points. The Ethereum trading has also yielded over 100 points in profit throughout the day. After a significant rise during the day session, the market is gradually calming down, allowing us a moment to catch our breath. During the recent series of major market movements, everyone can take the opportunity to adjust their mindset, carefully consider each entry and exit point. In this kind of market, a single misstep could lead to a disaster. If you are not adept at analyzing market trends and cannot respond in a timely manner, making trades becomes difficult. It might be worth following my lead; perhaps a single chance encounter could change your current situation.
From the current structure, the daily price comparison is still operating above the upper track. The previous pullback has not altered the overall strong structure, and it is currently in an upward trend. The daily chart shows consecutive upward movements, with visible lower points continuing to rise. The short-term movement is showing a strong rebound, with the daily chart indicating a continuation of the upward trend. The 4-hour chart shows a slow corrective step-up, and it has also formed a long upper shadow, pushing the price comparison to a high level. This morning, it further broke through the key resistance level of 105,000. Currently, the 4-hour chart is pulling the Bollinger Bands' upper track open, with the middle track still providing effective support, and the price comparison is testing the upper track's constraints. The hourly chart shows a strong unilateral upward trend, with each pullback stopping at the middle track, which acts as a lifeline for short-term bulls; any slight pullback is seen as a buying opportunity. Usually, during the slow rising trend of small positive candlesticks, the absence of rapid volume increase makes it difficult to declare a peak; the short-term will likely maintain this slow, rising, and circuitous rhythm.
At noon, the major trend revolves around 104,300-103,800 for direct buying, with the first target at 106,500. For Ethereum, it revolves around 3,930-3,900, with the first target at 4,050.