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Doing one thing and doing it with dedication are two different things. The short-term update in the afternoon is: when the price retraces back to around 81,000, go long directly. If the pullback reaches the nearby positions, then decisively enter the market during the intraday move. For the big coin, push straight up; for the other coin, take down the 900-point move. For ETH, take down the 50-point move. After that, once the hourly chart closes and the market is clearly in a strong position, that is the charm of a one-way trend. The thinking is always disclosed in advance—if you can hold on, you’ll eventually see the light. All the previous inconveniences are also paving the way for today. And as I always say about this kind of rhythm: if you want to go long, you need to wait until the correction is completed. Going long blindly the whole way is simply not realistic.
From a technical structure perspective, after the rebound and recovery, a one-way structure has already formed. While price is surging higher, the significance of indicators and moving-average references is already no longer that important. Next, it’s about watching how the correction plays out. There are two types of correction methods: one is a pullback correction, and the other is a sideways, time-for-space correction. Personally, the second option has the higher probability. Moreover, the big-level doji candle hasn’t brought about a reversal—it’s continuing as a relay signal. Therefore, relatively speaking, there will be more room to move. On smaller time frames, basically there’s no reference value left. In the evening, continue to follow the long direction—just watch for the bulls to extend and keep pressing with momentum.
On Wednesday afternoon, for the big coin, look for longs around 81,700-81,500. The target is around 83,000. For ETH, look for longs around 2,380-2,360. The target is around 2,500.