Happy National Day, continue with daily updates.

#BTC行情分析
To put it directly, first of all, this month, the deepest pullback is estimated to be around 118,000. As for whether it will fall below 100,000, that is not something to consider this month.

As mentioned above, if the third wave of the weekly chart has not yet ended, we can expect it to be around 13.5-14.5. Here, it is important to emphasize that the daily upward trend has not yet finished; this month is likely to pull the price up significantly before coming back to fill the gap, referring to the rally in October and November of last year. The operational suggestion here is to feel confident to go long when it is close to 118,000.

In the short term, both the hourly and four-hour charts have been retraced multiple times, and a slight pullback is expected, allowing the MACD to stay below the zero axis for a while before continuing to surge. Shorting should be done with a stop loss.

Then today let's talk about Ethereum a bit, everyone can focus on Ethereum in their future operations. First, the idea is that Ethereum's reasoning is similar to Bitcoin's, but the amplitude is larger. The estimate for Ethereum to go above 5000 is just the beginning. BlackRock, Jack Ma, and other Wall Street capital are not going to pull out of Ethereum in just two or three months. There is definitely huge potential above Ethereum, and it is not an exaggeration to say that 5000 is just the beginning; a five-digit figure is the target for Ethereum in the coming year.

I previously mentioned that Ethereum's bottom would be around 3750-3950. However, the recent drop in Bitcoin and Ethereum made me think that Ethereum might drop to 3500 to fill the gap, which shows how contrary the market can be to human instincts. Currently, Ethereum has rebounded right at the previous trend line, indicating that it has entered a new phase. I estimate that we will not see Ethereum starting with 3 in the future.

At a smaller level, Ethereum's pullback is focused on the ranges of 4450 and 4250. To be honest, I estimate that 4450 will not be broken. From this month to next month, Ethereum will start with 5, and it might even go up to around 5k, expanding the range.