Early morning market price is still moving out of the range and continuing, with a pullback probing the low around 74,700; it has not broken below. Currently, will it consolidate again around 76,300? The market has broken out with strong momentum. In terms of Ethereum, it has been following Bitcoin’s pattern as well—testing 2,280 without breaking it—overall giving the market a rebound. In terms of trend, the bulls occupy a certain degree of dominance, and during the daytime there is still a continuation of the rebound.

From the 4-hour cycle chart, the price overall always relies on the middle band of the Bollinger Bands for support, continuously running within the upward channel from the middle band to the upper band. The slight pullback during the early morning hours is a healthy technical correction within the bullish uptrend. Overall, it has not broken through the key trend support level, the upward structure remains intact, and there is still some room for continued upward movement above. From the 4-hour cycle chart, the price overall always relies on the middle band of the Bollinger Bands for support, continuously running within the upward channel from the middle band to the upper band. The slight pullback during the early morning hours is a healthy technical correction within the bullish uptrend. Overall, it has not broken through the key trend support level, the upward structure remains intact, and there is still sufficient room for continued upward movement above. In the short term, there is still a certain structure for rebounding and probing the high-point resistance. For daytime operations, you can first look for a continuation of the long trend at higher levels, and then consider placing short orders.

For Bitcoin, after the rebound near 77,000, consider placing short orders around 77,000. Look downward at 75,500-74,500. For Ethereum (ETH), you can short in the 2330-2350 range, looking at around 2280. #比特币反弹 $BTC $ETH