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A new day, a new beginning. Time flies, and it’s already 2026. Since 2026, the overall performance of the crypto market has been quite remarkable. Bitcoin surged over 4,000 points in just a few days, and Ethereum increased by 300 points within a few days. This is the trend. We have repeatedly advised to go long and to buy at any point, and the current price is even more emphasized. The momentum is strong, and the rhythm should be to go long directly. Don’t wait for a pullback—that’s why many people miss out. Since our earlier advice to go long, Bitcoin has gained over 300 points, and Ethereum over 200 points. This is an understanding of the trend. Yesterday, a single move even gained 1,200 points, mostly a seamless takeoff.
Structurally, as the yearly and monthly moving averages finish their convergence, the bullish trend structure becomes more evident. The current retracement’s space and magnitude are insignificant compared to the previous rise. It will only delay the upward process and will not change the overall trend. We have emphasized this countless times. Yesterday, Bitcoin and Ethereum breaking new highs directly validated our swing trading ideas and viewpoints. The key is the continuity of the early morning surge. Maintain a bullish mindset in the morning, and then observe the strength of the continuation at noon and in the evening to see if there are opportunities to catch highs for shorting.
On Monday morning, Bitcoin retraced to around 91,000-90,800, with a target of 93,000. Ethereum is around 3,120-3,100, with a target of 3,230.