The midday market has completed its movements, with long positions still dominating. Currently, the market BTC is further retracing, breaking below the 119000 level, which is the intraday low. The small cycle is still maintaining a fluctuating pattern, and the market is constantly in a phase of testing high points. In the short term, it is necessary to follow whether the middle band on the four-hour chart breaks. In the evening, we will continue to hold the bullish outlook unchanged.

On the four-hour chart, the one-sided upward momentum remains strong, with brief and limited pullbacks, as long positions repeatedly attempt to break through to new highs. The bullish candlesticks are rapidly increasing in volume, with quick rises and slow adjustments, showing a clear rhythm. On the hourly chart, the lows and supports intertwine, forming a staircase-like upward trend. After a slight pullback, the long positions surge rapidly, and the future trend and rhythm are expected to continue. The outlook remains bullish for the day, but it is important to observe the price action to prevent a high-to-low reversal; if the pullback is not significant, then directly follow the trend with long positions.
Operation suggestions
BTC: Long positions around 118500-118200
Target: around 121000
Ethereum: long positions near 3590-3560
Target: around 3750 #比特 #以太