Strong trends fear sharp pullbacks, while weak trends fear bottoming rebounds. The previous high of 104000 and the subsequent pullback is the best example; since then, bulls have not regained momentum. Similarly, the most dreaded scenario in an upward trend is a sharp pullback. Yesterday, after reaching the 98000 level, there was a swift retracement to 94000. It is easy to imagine the intensity of the pullback. Overall, we captured over 5566 points in Bitcoin yesterday, and Ethereum also gained 329 points, all of which are publicly available. This includes the positions set near 94700 at midnight, which also generated considerable profit. We again captured over 1700 points, and Ethereum gained over 100 points. Although there was a pullback, the overall structure indicates that we are likely to see the next round of upward movement soon.

  After the previous double bottom structure, the daily chart has once again shown an upward movement. Although the speed of the closing candles above was relatively quick, the space has only retraced back to yesterday's starting point. Recently, this kind of fluctuation is not surprising; it rises as it falls, but once it stabilizes after a pullback, another wave of upward movement is expected. Moving against the current means that if you do not advance, you will retreat. If it should drop but doesn't, it will rise. The bears have already been given an opportunity; they cannot withstand the decline, bouncing back repeatedly and testing the 94000 range. At this moment, the pressure above is gradually weakening. When the price tests a resistance point multiple times, the chances of a breakthrough increase. Compared to the intensity of the decline, the chances of a rebound are greater.

  In the morning, Bitcoin is directly bought around 96400-96000, targeting 98000. Ethereum is directly bought around 3620-3600, targeting 3750. $BTC