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The market is full of uncertainties, yet brimming with opportunities—it silences the cries and makes the laughter pierce the air. True mentors grow scarcer, but those who remain become increasingly invaluable. There's nothing to boast about; your future self is already mocking your present self. This is a manifestation of progress and growth. The morning comparison price continued the overnight decline with no signs of reversal, probing as low as 67,300, while Ethereum mirrored this trajectory, dropping to 2024. The downtrend only showed signs of improvement into the afternoon. The midday comparison price gradually recovered, displaying a step-by-step pullback pattern. Currently, BTC has risen to 68,555, while Ethereum has climbed to 2071. Following the pullback, we anticipate another period of gradual oscillatory recovery. There's no need for excessive urgency at this moment—given recent market patterns, consolidation after volatility is perfectly normal.
From the current market perspective, short-term pullbacks won't substantially alter the overall trend. In the near term, the market is accumulating momentum during this pullback phase. On the larger timeframe structure, a perfect arc-bottom formation has developed on the weekly chart. Currently, prices are exhibiting a gradual recovery and upward momentum, with each rally followed by minor technical adjustments. This rhythm provides us with excellent entry opportunities—actively positioning long orders during each pullback. Pullbacks not only consolidate previous gains but also accumulate energy for subsequent rallies. Notably, the rebound momentum is progressively exceeding the pullback force, indicating overall market strength. In this context, the smaller the pullback magnitude, the greater the space and likelihood for subsequent upside.
Midday BTC around 68,000-67,700 Long Target attention 70,000
Ethereum: 2035-2020 Long Target attention 2150