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Opportunities are hidden in change, and winners win through action. The market won't wait for you, and opponents won't let you. Yesterday's hesitation is today's regret. If you don't understand contracts, then whether it rises or falls is just gambling for you. The market won't be wrong; the mistake is in your judgment, and the mistake is in your arrogance. Looking back at yesterday's market, Bitcoin first rebounded then fell, and in the evening, after a rebound to around 73539, it faced resistance and pulled back for adjustment. During midnight and early today, both bulls and bears showed some continuation, with the lowest touch at around 70339. Ethereum also initially rebounded then fell last night, with the lowest dropping to around 2053 during midnight. The overall movement was basically within our expectations. The idea I shared in yesterday's article—first looking for a bullish rebound, then facing resistance and shorting—is consistent with the market's trend.
Regarding the current market trend, stagnation is not the beginning of a reversal. There are still occasional slow rises and short squeezes, which are common shakeout patterns during a rally. Each step back is a pause for consolidation, followed by a slow rise again. Additionally, each time a short-term new high is reached, there is some pullback. Currently, the market is in a phase of slowed oscillation. It is expected that a slow rise will continue. Before a sustained counter-trend reversal or decline occurs, it is not advisable to blindly guess the short-term top. The structure remains a correction within a bullish trend. The approach remains unchanged: continue to buy on dips. We have repeatedly emphasized that pullbacks are just corrections and do not change the current bullish trend. Don't be scared by the pullbacks; follow the trend, maintain good defense, and the main trend remains bullish.
On Friday, Bitcoin around 70800 can be bought, with targets initially focusing on 72000-73500.
Ethereum around 2060 can be bought, with targets initially focusing on 2165.