People can never earn money beyond their understanding. The value of this statement is still rising, and all those who tried to go against the trend have been blown into the mud; last night at midnight, BTC's price after a brief rise fell to the low point of 108429 and then stabilized. A support has already formed below the price. As the time reached early morning, the price began to rise unilaterally, and in just a short while, it surged straight to 112036, refreshing the historical high once again. At this time, the bullish Candlestick slightly paused, giving a small pullback down, but the pullback space is limited. Currently, the price has been fluctuating above the 111000 level, and as of now, the short-term still cannot break out strongly and is in a repetitive back-and-forth; remember: in a bull run, when there's a breakout, chase it; when there's a stop loss, it's a matter of survival; holding on stubbornly will only make you cannon fodder.

From the current structure of the market, the weekly chart has formed three consecutive bullish candles after continuous volume increase, and they are all quite full. This pattern indicates that there is still considerable space above; the daily chart has once again broken through the high point. Although there is a slight pullback each time a new high is reached, overall it is a strong correction. After all, the overall repair rhythm is fast and has not damaged the upward momentum. The moving average indicators on the short cycle are still in a bullish arrangement. Combined with the hourly chart, the candlesticks are transitioning through alternating bullish and bearish adjustments. The Bollinger Bands are opening upwards, constructing an upward channel. It is expected that in the evening, along with the opening of the US stock market, there will be a new round of bullish attacks. Therefore, on Thursday, the operation will still focus on following up on the dips with bullish positions, with expectations for a continuation of a strong upward trend. We remain optimistic that BTC will once again set a new historical high.
　　BTC: 110600-110900 range, target around 112500; ETH: 2750-2780 range, target around 2860