The one-month consolidation pattern was finally broken yesterday. The market saw a surge yesterday with increased volume, breaking out of the range and pushing higher with strong momentum. The volume was clearly significant, so overall the market remains quite bullish.

Short-term gains are quite large; will there be a pullback? But don’t expect the pullback to be too deep, as there is still upward momentum for the market to continue pushing higher.

Current focus:
Bitcoin (大饼)
Resistance level: 74,900-75,500
Support level: 69,300-70,000

Ethereum (二饼)
Resistance level: 2,215-2,238
Support level: 2,025-2,050

Solana (sol)
Resistance level: 95-96
Support level: 87-88

Short-term trend: Yesterday’s volume-driven rally was strong, but today’s pullback isn’t very sharp. The market might dip slightly before rebounding again, so we’re still looking for bullish continuation.

Brothers, Bitcoin, Ethereum, and Solana chart analysis released:
The overall pattern is similar:
Bitcoin is a contracting ascending triangle breakout with volume surge.
Ethereum is an ascending converging triangle breakout.
Solana is a rectangular range breakout.
Overall, the market hasn’t fully risen yet and still needs to push higher.
The target for the rally is near the resistance levels we analyzed today.