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After the BTC sell-off from ancient Large Investors and the subsequent pullback, the current price is already higher than last week's closing price, which is actually a very strong signal.
I mentioned during the live broadcast that the dip to 115,000 was a false break. After bouncing back, the short-term target is still to see if we can stabilize above 120,000. If we do, then reaching the bullish flag target of 128,000 to 130,000 is also not impossible. The overall weekly trend remains very stable, so there’s no need to be too anxious.
The coming week may see some minor fluctuations, sorting out emotions and positions. As long as the key levels are not broken, there is still a chance to continue a stepwise upward trend.
Recently, Large Investors suddenly increased their long positions, as if they knew something in advance—now it seems that it was indeed due to the news of the tariffs being postponed for 90 days. It has been like this before, whether it was the April tariffs or the German sell-off; many times, Large Investors act faster than the news, positioning themselves ahead of time. This repeatedly played-out scenario really suggests that everyone should pay more attention to the data and let emotions lead them less.
ETH hit a new high yesterday and continues to be very strong. It is currently fluctuating in the range of 3674 to 4040, which can be simply understood as building up strength here. The closer it gets to 4000, the greater the selling pressure will be, as mentioned before, so a bit of fluctuation is actually a good thing; rising too quickly can easily lead to a pullback and liquidate leverage.
In case there is a sudden drop that kills the long positions later, as long as the key level is not broken, or if it is a false breakdown that quickly rebounds, such positions can be considered for a short-term long position. Just continue to operate according to the bullish logic we discussed before, and don't scare yourself away.