Midday thoughts suggest a pullback for long positions, followed by a price pullback for solid entry points. I'm not sure if everyone has kept up, but although the market fluctuations are small and the space is limited, if you managed to catch that wave, there is certainly a potential upward space of 600 points available. We entered long at the position of 97460, looking to exit at 98124. While it may not be the most attractive space, it's still quite easy, like drinking water.
From the current market perspective, the middle track on the four-hour line provides some support. Although the previous bearish candle plunged significantly, the support strength at the 97000 level is quite strong, which is also near our starting point for the rise since yesterday, so it should be a key focus. On the small cycle, the price has briefly shown a narrow range of fluctuation, but it has consistently maintained an upward channel without showing obvious continuation of bearish trends. Whether there is a big rise or a big fall, the market will ultimately repair and organize through time. In a situation where short-term fluctuations coexist with trend fluctuations, it is recommended to maintain a clear mindset and avoid extreme operations. Within the day, we will maintain the main idea of rising after repair.
Bitcoin long at 97800-97500, target near 99500
Ethereum long at 3860-3840, target near 4000