5.2 Morning Thoughts

　　On Friday, the bulls regained strength and reclaimed territory. Bitcoin rebounded near 77,400 in the early session, then after continuous consolidation during the white session, the US session pushed higher again to around 78,800, with Ethereum also rising to about 2,325. Long positions, continue to be long, pullbacks remain long—this is what I emphasized yesterday. All trades have been taken with relatively large space, showcasing the charm of a one-sided trend. The entire upward space has been basically encompassed. Overnight, long positions reached 77,100 at noon, gaining 1,200 points; early morning short-term longs at 76,400 secured 760 points; in the afternoon, a pullback to 77,000 was used to add more longs, and during the evening rebound, another 1,000 points were captured. Including the US stocks breaking higher from 77,400 to over 78,700, gaining more than 1,300 points. This rhythm is really about going with the trend; following the trend makes profits very easy.

　　From a technical perspective, both daily and weekly charts show strong recovery, but the space given isn’t very large. Although there was a breakout, the continuation of the space isn’t very strong. The upper space remains quite large. The daily chart still shows a strong bullish pattern, so long positions remain the main theme moving forward. No need for too many changes. In smaller timeframes, Bitcoin is around the support platform, beginning to enter a correction phase, still consolidating and looking for opportunities to break higher. As long as there isn’t a large retracement space, it’s not enough to reverse this strong trend. We remain absolutely confident in the continuation of the bulls. On Saturday, we will continue to focus on a bullish layout.

　　Trading Suggestions
　　Buy near 78,000–77,500 for Bitcoin, target 79,000
　　Buy near 2,280 for Ethereum, target 2,330