$BTC The Bitcoin price market today: Bitcoin rose to the 114,000 line last night, with an increase of about 2%; Ether rose to 3508, with a rise of 4.6%; ADA performed even stronger, with a rise of 5-6%. These three major coins are the market makers we clearly indicated yesterday (August 3rd) could layout long orders below 112,000, and they have all gained profits and risen.

Structurally, although this wave of rise has achieved a good increase, from a larger perspective, this is merely the beginning of an upward phase. My personal judgment is that this first phase of the rise will see around 120,000, followed by a period of sideways consolidation before continuing to break through the previous high.
In summary, this is not a short-term market situation, but the initiation of a medium-term trend. Even if there are pullbacks later, it is still a good opportunity to add positions and buy at low prices. Everyone should remain patient and not panic due to minor pullbacks; just follow the trend and go long.