$BTC $ETH Bitcoin and Ethereum evening thoughts mainly focus on going long on dips. From the current market conditions, after Bitcoin and Ethereum pull back intraday, they have not continued weakening and sliding lower. Instead, they repeatedly oscillate and stabilize near key support levels, indicating that there is still strong buying support underneath. In the short term, the trend has shifted from one-directional downside to sideways consolidation. The lows have not continued to set new lows, which is a typical stop-the-bleed and repair rhythm. The moving averages are starting to flatten, and price keeps pulling back and pushing around MA7 and MA30, while bearish momentum is gradually weakening.

Now look at the indicators: MACD is sticking together in a low zone, with bearish volume energy shrinking; there is an expectation of a second golden cross. KDJ is hovering in a low range, with signs of turning upward, indicating rebound momentum on the short term.

Bitcoin: Long positions around 70,400
Target: 71,400-72,500

Ethereum: Long positions around 2,155
Target: 2,190-2,240

Overall tonight remains a consolidation pattern. It is not a one-sided market. Be sure not to chase rallies or cut into positions impulsively. For low-position longs, you must wait for the dip to be confirmed before entering. Don’t let emotions take over and place orders directly. In a sideways market, what you compete with is patience—hold your chips at low levels, and realize profits at high levels! #Gate上线Pre-IPOs