Although there was hope for a pullback yesterday, Lao Li has always maintained a bullish outlook overall. I thought the strength on Wednesday wouldn't be great, yet it broke new highs. We decisively went long after gaining 500 points, securing 4000 points. From a technical perspective, the hourly level is currently showing an ascending triangle pattern. As long as the lower trend line is not broken, the overall bullish situation is not in jeopardy. Although Bitcoin's upward momentum this week has weakened compared to last week, it will not immediately fall into a steep decline.

In the short term, as long as the two key support levels of 91500 and 88000 can hold, the price will not drop to the 86000-85000 range.

Moreover, Bitcoin has once again refreshed its historical high today, just a step away from 100000. I wonder if everyone has noticed that almost every time there is a pullback of 3000 points during the trading session, it is a good opportunity to go long. I believe the overall trend will still aim for the 98000-100000 range.

Trading suggestions

Go long around 96000 for Bitcoin with targets of 98000 and 100000.

Go long around 3030 for Ethereum with targets of 3160, #BTC再创新高97k .