11.08 Continue to watch Ethereum's long-term rebound, hold your positions and buy on today's pullback, continue to wait for altcoins to rise. One logic is to buy on dips.

Recent events have all concluded, and the market has stabilized. Only the final implementations by the administration remain, besides which we can understand from the early morning resolutions that even after the administration took office, the Federal Reserve did not adopt a reckless attitude, but continued according to the dot plot expectations. After a 25 basis point hike, there will be another 25 basis points in December; market expectations are already in place, and things will only get better.

The bull market has arrived, and a new two-year chapter is slowly unfolding. During Bitcoin's crazy rise, the target of 80,000 this month is very achievable. The subsequent targets are slightly more challenging, which is for Ethereum to return to the bull market exchange rate, needing to push above 4500. Just wait.

BTC Daily - 4 Hour Level Market Analysis

Bitcoin's market has been climbing higher and higher; breaking through 80,000 is inevitable. However, the problem arises when the price surges in the morning, potentially causing a lot of people to chase the rally, which could trigger a short-squeeze sentiment.

The larger trend remains in an upward phase, and there is no long-term short logic in sight. The major support levels are around 74,500 and 73,500.

BTC + ETH Intraday Level Analysis

• For the intraday market, Bitcoin is expected to reach its peak around 11 AM. First, observe Bitcoin's sentiment without panic; a pullback is an opportunity to enter long positions. The first support is around 75,500, and the next support is around 74,500. Look for opportunities to buy on dips, but it is recommended to watch Ethereum.

• I have been talking about Ethereum for several days, from 24 calling it to 3000; now it's just beginning. Ethereum's rebound, according to logic, needs to return above 4000 to be considered the start of a small bull market, while the larger bull market needs Ethereum to rise above 5200. There is certain pressure around 2960 for Ethereum today. The four-hour chart indicates that a pullback is an opportunity to go long, with significant resistance between 3080-3050. On a smaller scale, a pullback to around 2850 can be an opportunity to enter long positions; there is no rush, just watch the market's FOMO sentiment step by step.

The spot market has endured the hardest times; now is the season for harvest or re-cultivation. I hope everyone takes good care of themselves, not wasting two years of hard work.