The market has already made the expected moves this morning, and one must not blindly follow short positions. This market will definitely see a rebound and will not change due to a slight pullback at midday. Many people asked me this morning why they shouldn't follow short positions, and I think the current level is the best answer. Overall, the market data shows that long positions are stabilizing on the way up. From the early low of around 87500, it has risen all the way to 89887 before pausing. Although it is still a bit short of our target of 90000, it’s not a big deal. A rise of over 2000 points is not concerned with this little more than 100 points. The two positions we provided for going long were perfectly realized. After securing 1500 points this morning, we took another long position during the pullback after the rise at midday, and by the afternoon, we exited with over 2000 points, which can be considered a small swing trading. Ether directly provided over 100 points of space. Moreover, everything has traces to follow; it is not just hindsight wisdom. All analysis and thoughts were provided in advance. Mountains have peaks, and lakes have shores; please believe that everything will eventually return to sweetness.

From a technical structure perspective, after the appearance of the weekly doji continuation signal, it has continued to break higher, currently stopping at the 89800 level. However, this position is still not a key level; the key level remains above 90000. This position serves as the initial rebound from the previous drop, and we will look for a retraction again. Currently, the trend of continuing to rise and break higher remains unchanged. In the short term, we have started to enter a corrective rhythm. Note that we previously treated the retraction as a correction. The current pullback and sideways stagnation are still regarded as a correction. For the overall trend, it is not about buying after the rise but rather being strongly bullish after breaking below 87000. Next, we still expect the technical correction to continue leading to bullish breakouts and momentum release. Moving forward, we will continue to focus on the bullish trend and make long-term follow-up layouts.

Evening Bitcoin short-term focus on going long at 89500-89300, target around 91000, Ether focus on going long at 3020-3000, target around 3130.