Morning Thoughts

In the early hours, Bitcoin rebounded after testing a low, with the bottom dipping to around 76,900. Ethereum has been synchronously pulling back to the 2,280 level. At present, Bitcoin has already reclaimed above 78,000. Although the rebound momentum is relatively weak, it has also risen back to around 2,630. The early-morning call at around 77,500 was again smoothly achieved. Looking back at yesterday’s overall execution, there were three Dodo operations in total. One of them encountered a spike that swept out more than 300 points. The other two Dodo operations all successfully exited at profit, accumulating nearly 2,000 points of space. Structurally, the midnight dip-and-rebound did not change the overall pattern. The lower low area has basically stopped falling, and the downside correction is gradually coming to an end. Going forward, the plan remains to continue following with a low-buy approach.

　　From a weekly timeframe perspective, the overall outlook still doesn’t need major adjustments. The market keeps maintaining a strong streak of consecutive bullish days. At this stage, the platform is repeatedly oscillating back and forth. Placed in the context of the broader trend, fundamentally this is the correction and buildup phase of the “head” pattern. Even if there is a pullback, it cannot change the overall upward trend. The daily and smaller timeframes may show repeated fluctuations, but they are still normal pullback corrections after a surge, and the pullback lows are continuously rising. The speed at which the market reclaims momentum is also relatively fast. Therefore, after subsequent pullbacks, you can still first follow through with buying, and the short- to medium-term rally outlook remains unchanged.

　　Trading Suggestions
　　Buy Bitcoin directly at 77,800–77,300, targeting 79,500–80,000
　　Buy Ethereum directly around 2,300, targeting above 2,400