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$BTC 6.25 BTC price today: BTC is currently at 106,000, ETH is at 2440. As we clearly stated yesterday: the correction of wave b from 111,959 to 98,000 has ended, the new wave c rise has started, the medium term target for BTC remains above 13,000, this direction never changes. Similarly, after completing the BCH pullback structure from the high level, ETH has also started a new rise phase, the medium term target is above 3400.
Currently, the focus is not on the direction, but on how to get on the train. Therefore, this time the c wave rises, if copying the a wave pattern, there may still be no normal adjustment. The current rise structure has formed, the direction is determined, but it is not certain to have a normal adjustment in between. Therefore, we do not short sell, only buy long term; not hold, only scale in.
Summary analysis, Bit like pullback to 103300 as a single purchase rise, ETH like pullback to 2330 as a single purchase rise, refer to the previous rise trend may not pullback deeply.