# Continuing to Take Time to Chat with Everyone About Recent BTC and ETH Market Trends

Bitcoin and Ethereum experienced a deep pullback before the holidays. After the new year, they've been consolidating and building bases at the bottom, setting the foundation for the rebound we've seen these past two weeks. Actually, I mentioned to colleagues back at the beginning of the month that there would likely be a decent rebound around mid-month. Following market convention, mid-month typically sees active capital flows, which amplifies market volatility and momentum. Combined with the weekly chart's inherent need for technical correction and rebound, we've indeed witnessed a very healthy uptrend across the board.

Bitcoin has now broken above 73,000, while Ethereum briefly touched around 2,300. The price action is following an extremely textbook pattern: breakthrough of key resistance → pullback confirming support → renewed breakout with volume. This is classic bullish trend structure with very clear signals. I also highlighted this morning that from a daily chart perspective, Ethereum is forming an arc-bottom reversal pattern. As I've explained to everyone before, arc bottoms are strong reversal patterns, and once confirmed, subsequent upside typically isn't modest.

Looking at additional indicators: daily EMA golden cross formed, MACD dual-line above zero axis, multiple bullish convergence signals established. Combined with sufficient base-building earlier and adequate chip redistribution, we can clearly determine: as long as the market continues the breakthrough—pullback—stabilization rhythm, the probability of a second leg up for Ethereum is extremely high.

Currently, both BTC and ETH are at critical inflection points:

- **Bitcoin**: Key resistance above at the 74,500 level. After an effective breakthrough, watch for pullback support at 74,500 or 71,800 below.

- **Ethereum**: Watch the 2,300 round number. After breakthrough, pullback support at 2,300 and 2,150.

As long as the above key support levels hold, the arc-bottom pattern confirms, and the probability of continued uptrend remains extremely high. Everyone can focus on tracking this closely. The above is my personal interpretation of near-term trends, for reference only.

In trading, we must think through the logic thoroughly—no hesitation, no greed, no trying to have it all. Not every market move needs to be traded. Don't miss opportunities you should capture, don't stubbornly resist risks you should avoid. That's the rhythm we should pursue. Stay patient, keep balanced, follow the trend, and results will naturally follow. Hope we can all learn from this together.

#加密市场上涨