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Although the market will still face a period of consolidation and accumulation, continuously testing the support levels below to stabilize, thereby gradually moving higher and effectively forming a healthy recovery process, in the short term, the adjustment trend is expected to continue, while medium and long-term outlooks remain bullish.
BTC: The daily chart shows a pullback to support still in the 68700-68200 range. As long as it does not break below, the rebound remains valid. In terms of trading strategy, consider going long around 69000 with a stop loss at 68000, targeting 71500-73000-74000. If it falls below 68000, the bullish momentum weakens, and it’s advisable to abandon long positions and wait for a dip to around 65000-66000 to re-enter.
ETH: The daily rebound pattern is still intact, with support in the 2000-1980 range. As long as it does not break below, expect a rebound. Consider going long around 2000 with a stop loss at 1970, targeting 2093-2150-2200. If it falls below 1980, the bullish momentum weakens, and it’s advisable to abandon long positions and wait for opportunities around 1900-1850.