$BTC In the afternoon, the price rallied higher and then pulled back in the short term. After the ratio dipped below the 73000 level, it quickly recovered and surged higher. The market is currently in a strong bullish phase, so shorting is still not advisable. Overall, we should maintain a bullish bias on dips and watch for key resistance breakout levels.

On the 4-hour chart, early session action showed a sharp rally, which represents a one-sided volume breakout following yesterday's consolidation and correction. Consecutive bullish candles have pushed higher with strong bullish momentum. However, the current price level is relatively elevated, so blindly chasing highs is not recommended in the short term. A more prudent approach is to wait for the short-term bullish momentum to fully release, then enter long positions after the price pulls back and consolidates. Overall, the structure still shows a pattern of volume expansion followed by minor bearish candle pullback correction, then continued upside movement—a relatively strong formation.

Bitcoin can go long in the 73000-73300 range, targeting 74500-76500. Ethereum can go long in the 2250-2270 range, targeting around 2350. $ETH