Since Saturday, there has been a continuous prompt to take long positions, and on the first day, a long position was set up in advance. Last night, after the US stock market opened, it surged high across the board, while the cryptocurrency market also rose in tandem, with Bitcoin once again breaking above the 100,000 mark. Yesterday, it was publicly shared with the bullish outlook to take 2,700 points.

From a technical structure perspective, on the four-hour level, after a strong upward surge, it has maintained a high-level oscillation, and the room for retracement appears weak. The bullish trading volume remains in an increasing arrangement, and moving averages are gradually rising, recovering and stabilizing. In the short term, there is oscillation and consolidation, with the volume entity arranged for adjustment, rising without retracement, correcting in a sideways manner instead of a decline. The bulls are not backing down, and the trend is leaning towards bullish as it recovers, with strength building for further highs.

Operation Suggestion

Take a long position on Bitcoin around 100,500 to 101,000 with a target of 103,000.

Take a long position on Ethereum around 3,645 with a target of 3,800.