Yesterday early morning, Bitcoin surged to around 78,300, and after reaching that level, it moved into high-level consolidation and range-bound consolidation. During the day, it gradually pulled back, with the low touching around 75,300. This round of retracement is a phase of profit-taking on a stage-by-stage basis. The bullish structure remains stable, and overall the market is still in a healthy consolidation and energy-building stage.

From the market layout structure, the uptrend has not been broken, short-term key support remains effective, and the technical pattern stays healthy. Although price is still pressured from earlier highs overhead, if the core support level can be held, the bulls still have momentum to push up again. In the future, it is highly likely to continue the oscillating upward pace. In terms of trading, the low-long (buy low) approach is still maintained without change.

Bitcoin retraces and goes long around 75,300-74,500, aiming higher at 76,800-78,300; if it breaks out, then it should follow through to look at 79,800.
Ethereum retraces and goes long around 2,330-2,300, aiming higher at 2,390-2,4800#GatePreIPOs首发SpaceX $BTC $ETH