Today's midday cryptocurrency price surged to a high level of 75,000. It has also broken through the historical high. The highest point reached was 75,656. From last night to today, we have consistently suggested a strategy of buying on dips, which has been validated as expected. From the current situation, there seems to be no pressure above. The cryptocurrency price has also shown a slight pullback followed by another surge. Currently, the price is operating at the 74,000 mark.
Based on the current market analysis, a significant pullback is unlikely to occur; the price is exhibiting a sideways consolidation at high levels. After wide fluctuations, it is gradually climbing, demonstrating significant strong correction characteristics.
Therefore, we believe that the slight pullback is merely a temporary phenomenon, and the strategy of buying on dips after the pullback should remain our primary choice. With the strong recovery and continuous outbreak of bullish forces, the current market enthusiasm cannot be fully described by the word "hot"; we have already witnessed the immense power brought about by the unfolding main trend. Therefore, it is imperative to continue to align with the trend. We remain optimistic about the bulls.
