Tension and hesitation, greed and fear, regret and impulse. The market is a ruthless magnifying glass that reflects every fragile firmness within you. Trading is either successful or a failure, and once internal fear arises, there are flaws everywhere; inner peace brings vitality in every aspect! Looking back at the intraday market, it can be said to be quite manageable. Following my thoughts, trading can be as simple as drinking water; intraday repeated pullbacks and rises basically oscillate around the range of 100500-102000 until the evening when a strong surge occurs near 102500. Currently, the market is giving another pullback, and we can still maintain a pullback strategy for the subsequent layout! No matter how the market moves, I am willing to be a bowl of plain water for you in times of thirst, a small boat for you when crossing the river. Regardless, I have always been here waiting to walk with you. #BTC☀ #ETH🔥🔥🔥🔥
From the current overall market structure, it is expected to maintain a high position with continuous horizontal fluctuations in the short term. However, it is not difficult to notice that the lower levels are gradually rising on an hourly basis, and since there are no lower levels appearing, we can assume that as long as the short-term low support does not break, the fluctuations still indicate an upward trend. As long as the support holds, there is still some space for bulls in the future. After the fluctuations, a one-sided trend will appear again. In general, after experiencing significant ups and downs, the major trend has paused above the 100,000 mark. The trend structure itself is a strong performance, and after the pullback, it has paused without forming a continuous downward trend. Therefore, relying on the larger trend structure, the main view remains bullish. Intraday, if it stays at the key support position, we can continue to expect a sustained upward movement.
The major trend oscillates around 101000-100500, with a target expectation of 103000, while Ethereum oscillates around 3920-3900, with a target expectation of 4000.