In the evening, the market began to rebound at the position expected by Lao Song. Friends who have opened positions should have also gained nearly 1,000 points of space. In the evening, the main work will be on shock repair and moving stop loss. The expected height remains unchanged!

1218: Last night at 10:30 PM, after the US stock market opened, Bitcoin fell sharply, basically giving back the intraday gains within five minutes. The daily chart closed with a long upper shadow doji. This morning it has retraced a bit. Recently, the US stock market opening and closing times need to be closely monitored, as the main players like to use this point to wash out positions. It is currently at the support level around 104500, digesting the previous divergence. ETFs have seen net inflows for 14 consecutive days, with an average daily inflow of nearly 500 million USD. The daily bullish trend has not changed, but the 4-hour and hourly indicators are leaning towards bearish. After a wave of bearish digestion during the day, the strategy is to follow the idea of a retracement, mainly focusing on buying low, with buys between 103800-104200, and adding positions at 103600-103400, targeting 106600-107000. For Ethereum, buy between 3750-3780, targeting 3900-3950.