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After probing higher in the early session, there was again a certain pullback. This adjustment wave is also consistent with the adjustments we explained to everyone in our morning live broadcast. Although the short-term Big Cake is being resisted around the 82,500 area, the current pullback is still staying above the long-term upward channel. The pullback has not broken the level yet; it still remains a top-bottom conversion structure. For friends who are currently out of the market and have not entered a position, you can directly go long at the current price of 81,200 to continue catching the rebound. The target is still the 83,500~84,000 range.
As for Ethereum, it is still consistent with our morning thinking. Currently, it is under pressure in the 2380~2400 range, and it is still in a key consolidation/resistance phase. As long as it does not break, it remains unchanged. For the short-term pullback, we are still seeing that the current 4-hour chart has the 120-day moving average and the support structure at 2320. The trading plan is still the same as what we shared in the morning live broadcast: you can set up long positions in the 2320~2350 range and look for upside. Pay attention to the intraday pressure structure: once 2400 is broken, you can look for continuation. Watch 2450-2500. For a more aggressive approach, at the current price of 2345, you can directly take a short.
As long as the 4-hour charts for Big Cake and Ethereum do not provide any real breakdown, long positions do not need to cut losses. #BTC重返8万 $BTC $ETH