The white plate trend speaks for itself; although the market is grinding, the results still align with the short-term retracement strategy provided by Lao Hu. The large coin has been under pressure around 89000, slightly rebounding after hitting 86600. Ethereum synchronized from 2986 fluctuating downwards to 2863, then rebounding. In actual trading, the short position for the large coin was entered at 88487 and exited at 87241, gaining over 1200 points, while the Ethereum short position was entered at 2964 and exited at 2894, gaining over 70 points.

Currently, the market's interest rate cut expectations continue to rise, forming core macro support. Combined with the views provided in previous live broadcasts, the market needs to undergo a retracement consolidation before breaking through; this current retracement action has landed as expected. Technically, the 4-hour level has shown a clear bottoming structure gradually rising, and the rebound from the bottom is currently quite clear. Since the previous low of 80600, the subsequent lower lows have been continuously moving up, reflecting an increase in buy orders from below. Combining the BOLL indicator, the price is currently stable above the middle track. The key support to watch is the recently raised bottom range around 86000. Therefore, we will continue to hold a bullish outlook, focusing on the momentum of breaking through the key resistance level above.

Trading recommendations

Large coin buy around 86500—86000, target focus on 89500

Ethereum buy around 2880—2860, target first look at 3000$BTC $ETH