The midnight surge must have left many people bewildered. How is it possible to rise to 97000 when it has already dropped to 90800? Let me give you the answer. First, we've been mentioning since the early drop that the bull is still in play. There hasn't been much room for a pullback during the previous significant surge, and the recent pullback seems very normal to me. After all, it is quite difficult to pull back after a series of positive news. The recent pullback is also due to the pressure from the 100000 level above and the lack of positive news lately, resulting in a small pullback. At this critical juncture, we maintain a bullish outlook, and the market has once again met expectations, clearing the previous gloom and reaching a high of 97200, with Ethereum following at 3648. Our orange group's multi-position was also perfectly timed, with Bitcoin reaching over 3000 points as expected and Ethereum over 300 points. In total, we made a profit of 200,000 oil. Thursday marks another perfect start.
From the daily structure, after a single bearish candle, we see a single bullish surge. It has come back as it has gone down. After a slight downward trend, the bulls have successfully reclaimed their position. Recently, every recovery has been completed in a short time, and the bullish momentum still exists. Currently, the four-hour level is temporarily maintaining a high-level fluctuation. The pullback strength and continuation after the strong surge are not too significant, leaning towards maintaining a high-level fluctuation repair in the short-term trend. The space for a decline during the day may not be too large. In this adjustment after a rapid surge, we need to pay more attention to the adjustments and repairs in the smaller time frames. Once the adjustments are over, we will still focus on the bullish layout.
In the morning, Bitcoin hovered around 96200-95600 for a direct buy, targeting 98000. Ethereum hovered around 3610-3580 for a direct buy, targeting 3750.