Yesterday, we emphasized that as long as the daily line does not break the support area of 95000-96000, we can expect a rebound; the short position at 97500 just hit the stop loss, but the long position at 97000 mentioned in the evening blog is currently still profitable.

The daily line's range-bound fluctuations make it easy to judge the future direction of movement; whichever side it breaks, that’s the direction it will go, the reasoning is simple.

Today's bullish outlook is based on two main points: 1. The daily line did not break the support yesterday and has turned bullish again. 2. A short-term breakthrough at the 98000 level; once this position stabilizes, it can basically be confirmed that it will continue to push towards 100000.

Therefore, in terms of operations, continue to hold the long position at 97000 as suggested in the blog; for those who are still in cash, a pullback near this position can still be a buying opportunity, with the initial target set at 100000.

Ethereum, yesterday showed a synchronized weak fluctuation, giving a short position at 2680 and a pullback to 2640 with a 40-point space.

So today, we definitely cannot short; Bitcoin's rebound will have a leading effect. Therefore, Ethereum should look to go long around 2700, targeting 2800-2850!

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