On Wednesday evening, the overall market saw a strong rebound, with Bitcoin bouncing back to around 90,000, facing pressure again. Ethereum rebounded to around 3,000, and in the early morning, it experienced another strong pullback. I mentioned this to everyone yesterday; the bullish outlook remains unchanged in the short cycle, and the bullish sentiment has been validated.

Currently, the overall prices in the market are maintaining a range-bound operation, in a consolidation around the middle track. The simplest judgment of a strong market is whether the highs are being refreshed and whether the lows are being raised. Clearly, the current market rhythm aligns with the most basic strong pattern. Therefore, for each pullback that occurs, we should treat it with normal corrections. The daily structure has once again returned to a series of consecutive upward movements, and after slight pullback adjustments, there has been a performance of recovering and continuing to rise. Thus, at the beginning of this week, we will still focus on buying the dips.

Bitcoin: Buy around 86,000. Target 88,000

Ethereum: Buy around 2,800. Target 2950#ETH走势分析