The market is never wrong; it's just that our understanding of the trend is not deep enough.

From a daily chart perspective, the bullish pattern of this wave remains intact. Just five days ago, BTC broke through from the upper target of 96,500/98,500 all the way to 96,500. What does this speed indicate? It shows how strong the trend is. Using a $10,000 spot position in Bitcoin as an example, in just a few days, there has been a $650 profit, equivalent to about 4,500 RMB — and this is just a $10,000 profit.

The current trading strategy is very clear: the spot position has been exited, and small funds continue to participate in futures. As long as the daily bullish trend is not broken, you can add positions during dips. The target for adding to the position is around 99,600 for BTC, and around 3,443 for Ethereum. For friends with larger positions, set stop-losses at 96,800 and 3,400. If the price returns to the cost basis, take some profits off the table.

There's no need to panic if the stop-loss is triggered; it's part of trading costs. Don't be afraid if you're caught in a position; losses are already inevitable. Now, the focus should be on minimizing losses or exiting with profits.

Today, pay close attention to the support of the white line. If it doesn't break, the market should consolidate or oscillate upward. Intra-day, the key level for BTC is 95,000 — as long as it holds this level, the upward trend will continue. Resistance levels are at 96,000 / 97,800 / 99,688.