#ETH when the sideways consolidation on the candlestick chart evolves into a bowstring ready to go, when the haze of stop loss instantly transforms into a clarion call for a counteroffensive - this is not only a turning moment in the market, but also a sublimation moment for traders and self-game! The U.S. market offensive in the evening is like lightning in the dark night, which not only verifies the accurate prediction of technical analysis, but also highlights the ultimate demeanor of traders who are "quiet as a virgin and moving as a rabbit". In the seemingly out-of-control market, we used the technical framework as the anchor and discipline as the sword to complete the gorgeous turn from defense to offense. This battle against the wind is not only a perfect capture of the momentum of the trend, but also the best interpretation of the trading philosophy of "cutting off losses and letting profits run" - the market will always reward those who are not only in awe of risks, but also dare to strike hard when the trend resonates! After a sideways move in the white market, the market suddenly went up during the U.S. session. The highest touched the 90458 line, setting a new intraday high. The short position strategy we laid earlier at 88600 was finally forced to stop loss of 600 points at the 89200 line. But the real art of the deal lies in turning around in time! We are keenly aware of signals that the bulls' momentum is strengthening. Decisively lay out a long position at 89200 backhand and set a conservative take profit level of 90400. As buying continued to pour in, it successfully gained 1,200 points and recovered its previous losses.

Judging from the current market, at the daily level, the price has continuously broken through the key resistance level in the early stage, forming a steady upward trend. The K-line combination shows an obvious step-by-step upward trend, and this "step-by-step" trend shows the continuity of the market's long momentum. It is worth noting that in the recent upward process, there is neither a peak signal of a long upper shadow, nor a reversal pattern such as a dark cloud cover, suggesting that there is still further upward inertia momentum in the short term. Switching to a 4-hour period to observe, the price runs in a standard ascending channel, and the upper and lower bands of the channel form a good constraint on the price. The market presents the rhythm characteristics of "advancing three and retreating two", that is, there will be 1-2 callback K-lines after rising 3-4 K-lines in a row, but each callback is controlled within a reasonable range of 3%-5%. From the point of view of volume coordination, there is a moderate increase in volume when it rises, and it shrinks significantly when it pulls back, which further verifies the reliability of the current trend and looks at the continuation of a wave of retracement.
Bitcoin: Can go long around 89800, short-term target 91500
Ethereum: Can make a strong push near 1630, short-term target 1700