# Early Morning Thoughts The oscillation range is narrowing more and more, urgently awaiting a unilateral breakout. The movement during the day was a typical oscillation. BTC retraced from 69,150 in the afternoon and rebounded, reaching 70,750 in the evening; after the US stock market opened, it fell to 69,300 and is now consolidating above 70,000. On smaller timeframes, technical indicators show no obvious changes. On the daily chart, although there are consecutive bullish candles, the real body is quite thin. The upper and lower shadows are long, so in recent times, not only can long positions at lower levels take profits, but short positions at higher levels can also be profitable! **Trading Suggestions:** Buy near 71,000 with a target of 69,500–68,500 for BTC. Sell near 2,080 with a target of 2,030–2,050 for ETH.

Michael Saylor is likely buying between 5,000-7,000 Bitcoin today and guess what price is doing? Absolutely nothing. No one can explain what’s happening.

Gu Jingci: The overall market space for Bitcoin/Ethereum has been clearly evident during this period. Since Bitcoin/Ethereum surged to 74,000 and 2,200 at the beginning of the month, the multiple short positions set up along the way have been pushed down to around 68,000 and 1,980. Then, around 67,000 and 1,940, there were several signals to enter long positions. Over the past two days, with oscillations of high selling and low buying, the overall space is very clear. Bitcoin has gained at least over 10,000 points, and Ethereum over 500 points of space. I believe that friends who have followed this strategy have already fully capitalized on the entire space.