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The big coin exhibited a strong two-way pattern throughout the day, with powerful momentum maintained all day long. After a pullback to the 69,800 support level at midnight, the market opened a unilateral uptrend, continuously breaking through key resistance levels, with the evening high touching the previous high of 74,000 area. After encountering strong selling pressure, it entered a technical correction, currently trading around 71,800. Ethereum followed the strong momentum synchronously, surging to the 2,200 level before pulling back under pressure, currently retracing to the 2,130 line. Throughout the day, we maintained a firm bullish stance, providing real-time guidance and precisely capturing each pullback opportunity for long positions. Target levels and rhythm were validated one by one by market movements, with nearly mentor-style practical guidance throughout. Bitcoin ultimately captured 3,725 points of profit, while Ethereum simultaneously gained 165 points with profits locked in.
From the current chart perspective, the bullish trend has basically been confirmed as dominant. Since consolidating at the bottom of the range last week, the market has maintained a oscillating uptrend structure. While breaking through key resistance upward, it has fully released bullish momentum through multiple small-level pullback consolidations, with an overall healthy and orderly trend. The daily chart has formed five consecutive bullish candles with strong unilateral momentum, with moving averages transitioning from previous resistance to effective support, displaying a bullish alignment accompanying moderate volume expansion, with overall bullish market sentiment significantly improving. On the four-hour level, after the evening rally tested the previous high of 74,000, prices quickly retreated. Although the pullback magnitude and speed were strong, it did not destroy the overall uptrend structure, still falling within healthy technical correction range, so avoid blindly chasing rallies. Combining the hourly level, the market has gradually stabilized, with buy-side support at lower levels continuously strengthening. Considering the upcoming weekend, market sentiment typically tends toward caution, with expectations favoring oscillating corrections. Therefore, subsequent trading suggestions are to focus on short-term operations, maintaining a bullish bias, and seeking long positions on dips.
Bitcoin: 71,000-71,400 long, looking higher toward 73,500.
Ethereum: 2,070-2,100 long, looking higher toward 2,200. #比特币站上七万美元 $BTC