During the early trading session, bullish market sentiment exploded, with Bitcoin breaking through to around 69,500, and Ethereum also rising simultaneously to touch the 2,135 level. Currently, the market has entered a consolidation phase after reaching high levels.

From the current chart, the four-hour K-line shows a large bullish candlestick, but it encounters obvious resistance near the previous high. At present, the bullish momentum is relatively strong, and the market is at a critical window for direction selection. If it can effectively break through and stabilize at the current high, the upward potential will be further unlocked, likely continuing the upward trend; conversely, if it cannot break through after prolonged efforts, it may trigger a bearish reversal signal.
The current strategy is mainly to buy on dips with the trend, closely monitoring the continuation of the market.

Bitcoin retraces to around 68,500-68,000, aiming for 70,000-72,000, with a breakout targeting 73,800.
Ethereum retraces to around 2,080-2,050, aiming for 2,150-2,250.