Looking back at Thursday's intraday market trends, the Bitcoin coin price has once again broken through 110,000 today. Since yesterday's peak, we have remained bullish and emphasized that any pullback is a buying opportunity. It feels like breaking below the 100,000 mark is something that happened yesterday. The intraday coin price reached a high of 110,265. After surging, Ether continues to operate around the 2,600 mark. Our main bullish strategy for the day has once again been validated.

From the current market structure, the entire rhythm has experienced continuous declines in the previous period, followed by a rapid rebound. Looking at the hourly chart structure, after each pullback, long positions tend to enter a period of strength. I have always emphasized this point: the rallies after pullbacks occur only after confirming the bottom support. Therefore, pursuing short positions at this time is clearly an irrational behavior. What follows is likely to be more of a range-bound oscillation. Currently, I believe the competition between bulls and bears is still laying the groundwork for the upcoming bullish rebound. For the subsequent actions, it is advisable to confirm the bottom support before participating in low long positions. Pay attention to the reasonable arrangement of layouts in response to the pullback strength.

Bitcoin: Long positions at 109000-109300. Target 111000
Ethereum: Go long around 2550. Target 2630 #BTC# #ETH# #Gate上线美股代币交易#