The accuracy of market expectations is being questioned. Predictions began at midnight yesterday, anticipating that after reaching the upper threshold, we would short again. Additionally, reminders were issued in the early morning to touch the 110,000 mark. However, after BTC rose to around 108,900 in the early morning, it failed to break through three upward attempts. At this point, the 109 level has formed a certain level of resistance, and the market is bound to take a wave of probing highs followed by a pullback. In the morning, it was timely to short BTC near 108,590 and exit when it fell to 107,059. This wave of short positions captured a trend of 1,531 points. The control of the market has been rigorous, and paying attention to Lao Li's strategic analysis will surely be a great help in your subsequent trading ideas.

The BTC daily chart has shown three consecutive rises. Although there was a strong rally yesterday, a significant pullback before the morning closing has again pulled back the price by two thousand points. The daily chart has formed a pin bar shape with an elongated upper shadow. This wave of probing high and falling has also moved as expected, allowing for some profit-taking. Additionally, the bullish outlook we provided in the morning remains unchanged, with the support level at 106 receiving strong support. The price is now rebounding and currently fluctuating around the 107 mark. Today, it may test the support level below again, and we will pay attention to the gains and losses at this point, as it will determine future market space. Ether is showing a similar pattern and is also maintaining a small bullish K-line upward. Overall, the market remains dominated by bulls, although this morning's pullback has deepened the retracement. The fluctuations are significant, and timely adjustments based on smaller-level patterns and structures will help us catch entry points. Both long and short positions offer us good opportunities. The bullish outlook remains unchanged for the afternoon, and we will continue to go long on support.
　　BTC can be bought in the range of 106800-106300 during noon, targeting around 108800; Ethereum can be bought in the range of 2580-2550, targeting around 2680. #加密市场反弹