#PI Opportunities in the crypto world are fleeting, but remember: cognitive difference equals profit difference. Continuous learning is essential to discover opportunities unnoticed by others. Execution is greater than analysis; no matter how good the strategy is, if not acted upon, it equals zero. Survival comes first; preserving capital is necessary to turn things around in the next cycle. On Wednesday, the market behaved as expected with long positions forming a rebound. After a pullback to the support level of 105010, it began to rise. Currently, the highest point reached is 106929. Ethereum had a long wick candle and a pullback to the live broadcast of the 236 level in the morning, which also welcomed a rebound, with the highest recovery currently at 2449. The short position set during midnight was accurately closed in the morning near Bitcoin at around 106100, and by morning, a warning to exit near 105100 was given, resulting in a drop of 1000 points. Ethereum short position near 2428, with a take profit target at 2375, resulting in a drop of 53 points. Currently, the market is in a rebound. The early morning strategy of pulling back to take long positions is running as expected. After exiting short positions, all the long positions initiated are currently in profit, with BTC providing nearly 2000 points of upward space and Ether providing over 70 points of space.


Although the market shows signs of pause and consolidation, the strength remains, quickly recovering after local pullbacks, revealing the potential for further upward movement during high-level consolidation. On the four-hour chart, the dual moving averages maintain a bullish arrangement, with the pullback space being merely a normal correction, showing no signs of weakness. The short-term structure appears strong, indicating limited space for deep pullbacks. Corrections are a natural part of the upward process, releasing short selling momentum to reduce its hindrance to long positions, paving the way for future price increases. For long positions, this is not only a necessary adjustment but also a manifestation of healthy development.
On Wednesday afternoon, BTC 106000-106500 can go long, targeting 107500-108000.
Ether 2400-2420 can go long, with the first target focusing on 2500-2530. #PI #BTC #ETH
PI-0,6%
ETH-2,08%
BTC-1,08%
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