The trend of Bitcoin this week has already been evident at the beginning of the week. As we enter the middle of the week, its accelerating upward momentum becomes more apparent. It is crucial to hold the low level during this process, and breaking through the high level is the key focus. We need to maintain the rhythm and gradually achieve upward spatial switching.

In the short term, the extent of Bitcoin's decline is quite limited, and the current one-sided trend is still within the expected range. Originally, it was envisaged to first retrace to around 100,000 before going long, which would have been a more perfect structure, but now the retracement is limited, and the possibility of a direct breakthrough of 110,000 US dollars is constantly increasing. In a strong market, not making deep adjustments, the smaller the adjustment, the more it can push the price further up. If there is no opportunity for a retracement, it is actually more beneficial to the bulls.

Although the market trend is not determined by us, the trading strategy is in our hands. Currently in an upward trend, any short-term pullback is a rare opportunity to buy in. As for the bullish view on Bitcoin, there is no need to say more. We have always firmly adhered to the strategy of low long, and the long-term persistence has yielded significant results. At this critical moment, it is essential to maintain the rhythm and continue to stand firm.

Regarding Ethereum, there is a clear upward trend. After determining the direction, the next step is to grasp the positions and timing. When the price retraces to the range of 3200-3150, it is advisable to go long boldly, with the target set at 3500-3700!