Do not oppose the market; the trend is your friend until the very end. When facing floating profits and pullbacks, human nature urges you to take profits quickly. Frequent monitoring can amplify anxiety caused by short-term fluctuations, which is a common problem for many traders. Hold onto your positions and stay on course to maximize profits. The midnight market for Bitcoin (大饼) remains strong, with little retracement. Bitcoin continued to rise in the early morning, reaching around 74,046. Currently, it is consolidating at high levels, gathering strength. Ethereum is also performing strongly, hitting a high of around 2,199 in the early morning. Last night, we provided an early outlook for midnight, accurately predicting a bullish trend. Bitcoin and Ethereum both reached our target levels of around 74,000 and 2,200 respectively.



Currently, the bulls are slowing down in volume, entering another consolidation phase. The key point is that the trend is slow, with limited space. It is entering a small-range accumulation and consolidation phase. Therefore, selecting the right entry points while following the trend is crucial. In the short term, watch for continued upward momentum during the slow oscillation. Also, pay attention to the strength of retracements; if retracements are minor, the main trend remains upward. If key support levels are broken, follow the trend downward to assess the potential decline space. Currently, the four-hour chart shows weak retracement strength, and the trend remains oscillating upward. Today and in the near future, continue to follow the upward trend during pullbacks. After resistance, consider short-term short positions flexibly.

On Thursday, consider going long near 72,000 for Bitcoin, with targets around 73,500-74,000.
For Ethereum, go long around 2080-2100, with targets near 2200-2250.
#PI #BTC
BTC1,8%
ETH2,39%
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