Identify the rhythm of bulls and bears clearly, humbly maintain the original trading intention. Hello everyone, I am Hu Mingqian. Standing in the market, one should have lofty ambitions. Do not be anxious over missed opportunities, nor discouraged by pullbacks. Keep a long-term perspective, expand your vision to the maximum. Stick to principles, strictly control the rhythm, and with a calm heart, navigate the ever-changing market conditions. Eventually, you can ride the waves and step higher with each move. After breaking the high, the market entered a correction phase in the early morning, with overall volatility not significant, only a few hundred points for Bitcoin. Reflecting on yesterday’s overall layout, the rhythm was well controlled, the bullish trend fully met expectations, and we successfully reached our target zone. All the bullish strategies previously given for Bitcoin’s long positions were perfectly fulfilled, accumulating nearly 3,500 points of gains. Since profits are now securely in hand, and with the early morning market showing narrow-range correction, there was no need to continue fighting; instead, I took a moment to rest and recover.

From a technical structure perspective, since the weekly and daily charts opened up upward space, the continuation strength remains quite strong. Currently, the market is in a correction phase. The more it corrects, the more confidence we should have in the trend. The main reason is that the upward surge was too large, so a correction is quite normal. In terms of movement, the market has shifted to sideways consolidation, replacing the previous large retracements to confirm support. Therefore, to go long, one should either buy directly or follow up with small dips. Waiting for a large retracement to buy again is obviously unrealistic. This is also why many people fail to take off. Structurally, there are still no signs of topping out. As I always say, do not blindly guess the top; instead, expect a strong consolidation or correction, then continue to aim for higher. The direction is basically clear; what remains are the specific levels. However, if there is no strong rebound in the early morning, then our buy points should be adjusted downward accordingly. After all, capturing the high and low points of the range offers greater profit potential. Following Hu Lao’s early morning strategy of buying more and holding is not a big problem. The main idea remains to buy low and follow up.

Trading suggestions:
Bitcoin 80,800–80,300 can be bought, target 82,300, with a swing target of 84,000.
Ethereum 2,320–2,300 can be bought, target 2,400.