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#BTC# #ETH# #PI# In the early morning, as the exchange rate retraced to key support and faced resistance, with Ethereum and BTC breaking through key pressure levels, I would like to remind everyone that there is still room for the market to rise further. The market has rebounded since it hit the bottom early in the morning, showing a continuous upward trend during the day. BTC has been climbing in a step-like manner, reaching a peak of 119300 in the afternoon before facing short-term pressure and retreating. Meanwhile, Ethereum has been consistent with our strategy, continuing to rise, with the highest currently reaching around 3170 under pressure. It is still showing a high-level consolidation, and breaking through is just a matter of time. In our layout for the day, we placed long orders for BTC around 117000, took profit on half at 118000, and set the remaining at 119000 for take profit. For Ethereum, we placed long orders around 3030 in the early morning, and although the take profit at 3200 was not reached, we manually exited the trade as the market surged to around 3170, securing a profit of over 140 points.
From the current market perspective, yesterday's daily closing formed a solid bearish candle as an adjustment after the market's rise, but it showed a long lower shadow. The closing point has not broken the strong bullish arrangement of the moving averages, and after the intraday line change, it still shows a continuous upward momentum. The current K-line shows a bullish trend with the potential for further highs. The intraday testing of the high point has not yet broken through the 120,000 level, and recently the Asian session's high rises will be accompanied by adjustments in the US session. Therefore, the key is to pay attention to the breakout situation of the 120,000 level to determine whether to continue holding long orders. Regarding Ethereum, the exchange rate is continuously recovering, and the overall structure will not provide excessive pullback strength, so maintain a bullish outlook. The recent movements will still show a continuous breaking high rhythm. The operational strategy is to mainly look at long positions for BTC within the range, while maintaining a bullish outlook for ETH and continuing to look for catch-up gains.
BTC can be long ordered at 117500-118000, aiming for around 120000. Ether can be long ordered at 3110-3140, aiming for around 3300.