The central line has shown initial results, but time is still needed to build up its strength.

As shown in the chart, after Ethereum (ETH) fell from a high of 2422, it bottomed out at 2074 and then stabilized. As mentioned in previous posts, this decline is, in my opinion, a technical pullback before the start of a bull market, not a trend reversal. It could also be interpreted as institutional investors shaking out weak hands before the bull market begins. Yesterday and the day before, I recommended going long at 2100 for ETH and at 76900 for Bitcoin. Bitcoin has already broken out to 78000, while ETH has rebounded to a short-term high of 2157. Long positions are showing small profits and need time to continue rising. My medium-term bullish outlook remains unchanged; continue to hold long positions. Once ETH breaks through 2200 and ETH breaks through the 80,000 mark, this round of market consolidation will transition from bottoming out to a slow and steady bull run. Do not short indiscriminately; focus on going long. Our Beidou team provides 24-hour online guidance and internal group chat. Click on our profile picture to follow us and join the ride!