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The market will not rise because of your anxiety, nor will it fall because of your despair. The true winners are not those who predict the market, but those who know how to respond to it. The afternoon's movement aligns with our bullish expectations, with long positions extending and refreshing the high points. Bitcoin's overall intraday trend formed a rebound, first falling and then rising, with the afternoon's lowest point touching the 123217 line before stopping the decline, and currently, the highest rebound is at 125789, slowing down. Ethereum's afternoon low point stopped at 4507, halting the decline, and the highest rebound reached 4718. Lao Chen's bullish ideas given in the afternoon are clear, with perfect expectations for the pullback long positions achieved. The afternoon's orange pullback long positions perfectly captured a space of 2000 points, and Ethereum perfectly captured a space of 180 points.
In the current market, the overall upward trend is steady, and the bullish pattern is solid. The market price maintains a steady upward trend, with strong market conditions characterized by continuous new highs and higher lows. The current market rhythm aligns with a strong pattern, and each pullback can be seen as a bullish correction and accumulation. The continuously rising market is also marked by multiple bullish advances; when we see a pullback, the first thought should definitely be about the occurrence of a correction, rather than a trend reversal. The space and magnitude of the pullback are negligible compared to the rise, only temporarily slowing down the upward process, and will not change the final trend direction. Therefore, in the current market, we can still operate around the bullish positions in the evening, primarily taking longs during pullbacks, and short positions can also be supplemented during short-term movements while pulling back, but it is essential to enter according to the market pattern and key points.
Operation suggestions:
On Tuesday early morning, Bitcoin can go long at 124800-124500, with a target focus on 126500-128000.
Ether 4670-4650 can long positions, the target is to focus on 4800 first.