The early morning price dip didn't present the dramatic scenario imagined for the current uptrend. After a small pullback needle, it quickly reversed. Although the short term broke through the 70,000 level reaching a low of 68,884, the morning session quickly recovered and surged to a high of 71,028. It's clear that the support below remains quite resilient, with multiple pullback needles being swiftly recovered. In previous analysis, I provided everyone with long ideas with precise entry points. When the market pulled back, we went long directly. Yesterday's Bitcoin long positions and today's early morning long signals from real disk readings captured 2,000 and 1,000 points respectively, while Ethereum's long positions captured 50 and 60 points respectively. Recently, Bitcoin long positions typically start with over 1,000 points, showing how fast positions accumulate in this environment. Strength needs no elaboration—it's proven through concrete actions. Liansheng continues, feel free to review previous posts for reference.



From the current market perspective, we remain optimistic about the continuation of the bull run and future outlook. What we've repeatedly emphasized is that pullbacks are part of the uptrend, and pullbacks don't change the bullish trajectory. After adjustment completes, we'll return to strong upside momentum. Although the daily uptrend faces some resistance and short-term pullbacks exist, the evening short-term pullback will likely stabilize and reverse. Operationally, lock in key levels and scale in gradually. Keep position sizing smaller and stop losses slightly wider to avoid being swept out before the continuation up. The bull trend likely still has new highs ahead. Looking purely at the 4-hour chart, it currently has momentum to break higher again. Continuous consolidation is building energy, and with rising lows, we're just waiting for the push to break resistance and open up the space.

Wednesday afternoon: Bitcoin around 70,500-70,200, go long, target 72,500. Ethereum around 2,140-2,120, go long, target 2,250.
BTC1,19%
ETH1,13%
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