The morning market experienced significant fluctuations, and the long positions established by the real-time layout have slightly stopped out and entered a wait-and-see state. This kind of trend was anticipated, and the market could liquidate long positions at any time; strictly setting stop-loss orders to avoid risks is the core principle of trading. After the morning market stabilized, we reestablished long positions, and we have since exited and re-established again. Throughout the day, the fluctuation with upper and lower shadows approached 15,000 points, and the market's main players frequently washed the market. The morning quickly recovered, and the price ratio has returned to the rise point from yesterday. Although the K-line once retraced and broke below the middle track, it did not show an effective break, and the price ratio remains in the upward range.

Currently, the price ratio is tending to flatten within the Bollinger Bands, and a consolidation pattern is expected to continue. If the correction is completed, there is hope for a breakthrough at the important node of 100,000, but this is the direction of future development. From the current market perspective, the K-line briefly broke below the lower track but quickly recovered, and it is currently blocked around 98,800. Although the hourly line rhythm appears slightly weak, due to the larger cycle still being in a consolidation and recovery phase, the overall strategy remains to buy on dips. Aggressive traders can also try small positions for long, targeting around 4,000, with proper stop-loss management.

Long positions for Bitcoin at 97,000-96,500, target around 99,500.

Long positions for Ethereum at 3,850-3,580, target around 4,000.