The market reached a new historical high again in the early morning, peaking at around 93,985, before experiencing a waterfall-style drop. The market is in a state of making a high and then pulling back. After Ethereum surged to around 3,148 in the early morning, it also began to retreat, and the Ethereum trend has weakened in recent days. The bullish outlook we provided at midnight yesterday has also been validated. The bulls continue to exert pressure!

After several consecutive hours of upward movement, the bulls have broken through the high points. Although the current pullback has some space, the overall upward momentum needs no further explanation. The pullback only returns to yesterday's starting point, and after the previous multiple pullbacks, another strong rally is unavoidable. Looking back, the 90,000 mark was just last week's matter. For the overall trend, we did not jump out to say bullish just because the price increased; we have maintained a bullish outlook for a long time. In terms of operations, everything is waiting for the correction to be completed, maintaining a primary bullish rhythm. With the return of the bulls, we will continue to focus on bullish strategies.

Operating Suggestions

Buy Bitcoin at 91,500-91,700 Target 93,000

Buy Ethereum around 3,080 Target 3,150

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