What can awaken a person is never preaching, but hardship; no one's persuasion will make you fully enlightened. The only thing that can make you awaken from a dream and see through the ups and downs of the market is experience. Teaching by people cannot compare; trends teach you once and it’s enough. The thought process is once again provided to everyone: retreat more. Why retreat more and not counter-trend short? Firstly, the market has not broken the low after the previous decline, stopping at 120500. It has been in a strong slow rise recovery during the morning. Although the market is currently seeing a retreat, it is merely a correction in the upward movement. Moreover, each retreat is accompanied by a certain rebound space. And we also provide precise points: BTC at 120500 indicates long, and then it pumped to 122200, giving a space of 2000 points. Ether at 4440 indicates long, and it pumped to 4500, also giving a space of 60 points. For the current rhythm, just continue to go long in the morning.

Currently, it is also in a high-level tug-of-war between bulls and bears, with the overall strength remaining unchanged. After all, the retracement has not fully reversed the recent rise. Today, it is slowly rising; although not very strong, it has the advantage of persistence. However, considering that there have been multiple instances where there was not much rebound space, we need to be mindful of a certain amount of retracement space. The four-hour chart has repeatedly shown a pattern of drawing door navigation, with the short-term approach of probing highs and closing lows only seen as oscillation rather than strength. There is still contention this week. The four-hour chart has repeatedly probed highs and retested, once again breaking the support of the high point, stabilizing above. If it holds, we continue to look bullish; if it fails, it will turn into a decline. In the short term, it may present a longer period of oscillation and tug-of-war. Both bulls and bears are changing.
In the morning, BTC is directly long around 121200-121000, looking up at 124500. Ether is directly long around 4430-4400, looking up at 4550.