Recently, there have indeed been fewer ideas provided to everyone, so I want to apologize first to the fans who have been paying attention all along. Many fans have come to find Brother Chen, asking if Brother Chen can update more of his precise ideas in a day, hoping to follow your thoughts and gain a little each day. Indeed, the recent ideas given have been very accurate, whether it was the early warning of a rise or the timely bearish outlook at the high point, all were perfect predictions. I won't boast about my track record here, but yesterday's bullish outlook combined with breaking through 77,000 probably already demonstrated the accuracy of the ideas. Ethereum's case needs no further explanation; the ideas provided have also been perfectly validated.



The daily chart still remains around the upper band, and after breaking below 73,000, there was no continuation, only a support rebound. The pullback also lacked a certain continuation. In the short term, the market currently shows a continuous upward trend. Overall, the market is in the phase of absorbing funds after a secondary decline caused by pressure. After a pullback and correction on the 4-hour chart, it is now relying on the middle band as support for consolidation and buildup. The structure is still extending from the 75,000 bottom rebound, without any rapid surge and retracement pattern. On the hourly chart, the short-term trend will likely continue to rebound upward. After yesterday's consolidation, it further moved higher. Combining previous early-week movements, there was no sharp rise followed by a fall, indicating a short-term buildup for a reversal. The rally is only a matter of time.

On Wednesday morning, Bitcoin was directly long around 75,200-75,000, aiming for 76,500 first. Ethereum was also directly long around 2,280-2,260, targeting 2,400.
BTC0.42%
ETH0.23%
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