Since yesterday, Bitcoin has completed a perfect rebound, soaring to the 70,000 level. Ethereum also surged to the daily upper band before pulling back. Our strategy yesterday was clear: follow the trend to go long first, then short at the resistance level above. We have a good grasp of the market rhythm, and Lao Li has been continuously guiding me to explore the crypto world.

The Bitcoin daily chart closed with a strong bullish candle yesterday, with a noticeable upper shadow, indicating that the bulls are still strong. Currently, the price is oscillating around the midline of the daily chart for correction. Ethereum is showing a similar pattern; compared to Bitcoin, after touching the daily upper band, it is gradually stabilizing above the midline. Our first support for going long is the midline support. In a strong bullish trend, after a pullback or correction, the price continues to surge higher. Since last night, the 4-hour chart has experienced a continuous rapid rise, mainly releasing the momentum built after the previous day's pullback correction. During midnight, a series of consecutive bullish candles showed strong momentum, but the current position is not ideal for chasing. We are waiting for the daytime to release space, then look for a pullback in the evening to re-enter long positions at a better opportunity. Currently, the market is in a continuous volume increase, followed by a small bearish correction, then continuing upward in a single trend. Using the 1-hour lower band at 66,800 as a short-term critical point: above 66,800 indicates a short-term bullish trend, while losing this level suggests exiting the position. During a pullback near support, look for opportunities to add short-term longs aiming for new highs.