Waking up in the morning to see a screen full of green—what an awesome feeling! The trends of major coins are pretty much as expected.

Starting with ETH: when it pulled back to the 2980 level yesterday, I was watching closely. It bottomed out at 2970 and then stopped, without even a wick. After that, it shot up directly, all the way to around 3214—right at the 3220 resistance zone we talked about before. Although there’s been some pullback now, the overall upward structure remains intact, and the key 3100 level is holding up. If ETH can hold above 3220, the next target will be the 3510 area, and the bullish trend will become even clearer.

BTC is also holding steady. It already touched the 94,000 resistance level I mentioned yesterday and is consolidating around this area now. If it really breaks through next time, we should see 96,000. This is a classic breakout and pullback consolidation pattern, with support around 93,000 below.

Recently, PIPPIN has been giving short-sellers a hard time, right? I glanced at the positions data—the long positions were as much as 10 times the shorts at one point! With that kind of ratio, unless the big players actively close out long positions, it’s hard for the price to drop. Right now, it’s ranging at a high level, and with funding fees paid every hour, shorts are slowly getting squeezed. Once the whales have had their fill, a dump could happen anytime. Don’t rush in now; wait until there’s a large-scale closing of longs before shorting—your win rate will be much higher.

You can clearly feel market liquidity recovering in recent days, but whether it’s sustainable still needs to be observed. If you’re holding coins, don’t make rash moves. Manage your positions carefully, and don’t expect to get rich overnight. Patience and waiting for the right time to add to your position is the key.