There's not much to say about the current market. Many are charging ahead like untamed wild horses, reaching a high of 89,000. With such a crazy upward trend, who dares to short? The momentum resembles a sports car fueled to the max, pulling ahead relentlessly. This scene is quite exaggerated and absurd.
The daily chart shows a strong bullish trend, and there's no need to worry excessively about top pressure. Currently, it's not the time to consider shorting; the likelihood of a significant liquidation of long positions before positive news emerges is very small, and the upward pressure is minimal. In a bull market, it’s unwise to blindly guess the top and chase shorts, as history has countless examples of being trapped in low positions. One must remain calm in the face of the market; price pullbacks present good opportunities to go long.
For Bitcoin, go long at 88,500-88,300, targeting the 91,000-95,000 range.
For Ethereum, go long at 3,340-3,320, targeting the 3,400-3,500 range.