The coin price surged significantly in the morning, quickly rising above 122.3k. After some consolidation and adjustment, the coin price experienced a rapid pullback. In the evening, influenced by the opening of the US stock market, the coin price had a slight rebound, briefly reaching above 120k, but then did not continue the rebound trend and entered another pullback phase. The current pullback is still continuing. Ether remains strong, with the coin price quickly surging to refresh its previous high at 4343 before experiencing a Waterloo-style significant pullback, reaching a low around 4166. It then followed the rhythm of BTC, experiencing a rapid rebound, and the momentum remains strong, with the coin price again refreshing its previous high, reaching a recent high of 4366. It then also entered a pullback phase, which is still continuing. Our real trading during the day also achieved very good gains. It is worth mentioning that in the evening, after entering a long position at 121265, we timely adjusted to a short order at 121084 after a stop loss occurred. Subsequently, we successfully achieved a 1495-point gain at 119589, recovering the loss while also gaining a thousand points of profit. BTC accumulated a total of 4116 points of profit. When the trend reverses, promptly adjusting to follow the trend is also a strong and effective support that enables us to maintain a relatively high win rate.

On the four-hour level, the continuous large bullish candlestick has pumped the coin price. After the overbought indicators ran, the indicators did not quickly rise upwards to further extend the previous upward trend. Subsequently, the coin price experienced a rapid drop after four consecutive bearish candles under pressure, causing the coin price to quickly fall below 120,000. The KDJ indicator has formed a dead cross with three lines diverging downwards, and the MACD energy bars continue to weaken. The fast and slow lines are slowly approaching a convergence state. Therefore, the current market may further extend the retracement rhythm. In terms of shape, the significant retracement of the coin price has not affected the current upward structure of the coin price; it is just that the upward trend of the coin price has stagnated under the current market conditions. However, the adjustment will only be temporary. After the market completes the retracement and technical repair, we will still maintain our previous bullish outlook unchanged, and the strategy remains to buy on the dip.
BTC is long near 119500, pay attention to around 121000, the second coin is long near 4250, pay attention to around 4350.
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