$BTC $ETH Bitcoin is still trading in a high-level range consolidation, but compared with yesterday’s one-way rally pace, today has clearly entered a divergence stage. After Bitcoin pushed above 76,000, it failed to continue higher; it pulled back and repeatedly traded around 75,000, indicating that sell pressure has started to appear above, but the overall structure has not been broken.


From the moving-average structure, the price is still trading above MA7 and MA30, and the bulls are still aligned, so the trend hasn’t turned bad. In essence, this kind of high-level sideways consolidation is still about exchanging positions among participants—it's just that the pace has shifted from a strong rally to a slightly bullish range. Trading volume is shrinking in sync, which suggests it’s not the main players distributing; it’s more like they’re waiting for fresh strength to kick in.
At this position, it’s not suitable to blindly chase higher. It’s better to wait for a pullback to confirm support before getting involved. Although the market still has the need for a short-term pullback, as long as key support hasn’t been broken, the overall thinking remains bullish.
Bitcoin (BTC) trading plan:
Buy on dips around 74,200 - 74,500
Target to watch: 75,800 - 77,000 Defense: 73,500
On pullbacks and rebounds around 75,500 - 75,800, you can take a light short
Target to watch: 74,500 Defense: 76,500
Ethereum (ETH) trading plan:
Buy on dips around 2,340 - 2,360
Target to watch: 2,420 - 2,480 Defense: 2,300
On pullbacks and rebounds around 2,400 - 2,420, you can take a light short
Target to watch: 2,350 Defense: 2,450
The market hasn’t turned bearish—it's only shifted from a one-way up move into a consolidation and turnover phase. This is the spot most likely to shake people out. The rhythm matters more than the direction.
BTC-0.55%
ETH-2.08%
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