For the past three days, Big Cake has been swinging back and forth, oscillating and shaking everyone’s nerves, but fortunately it has finally arrived at a strong pull-up and broken the dull range-bound structure. After Big Cake first consolidated in a triangle form, it repeatedly pulled back to test support along the upper edge of the triangle. Each time it retraced, it held firmly and didn’t drop—so the chart signals were especially clear. This position is strong support for a “push” (do), and it was reinforced with four good opportunities to get on at the lower levels. These days, the “silk road” has been reminding people to “push” again and again; if you missed the chance, don’t complain that the “chip” isn’t doing well.

$BTC After that, Big Cake directly broke through the key neckline at 78600 and, following the momentum, refreshed a new short-term high. The hourly chart’s rounded-bottom base pattern has already completed. The upward target corresponding to the pattern—around 79400—has also been reached smoothly. Next, the market’s core focus is whether it can hold the 78561 neckline support. As long as it stands firm at this level, the upward momentum is still there. The next move to challenge is the key resistance at 80677. There is quite a bit of resistance at this point, but as long as the neckline support isn’t broken, breaking through is only a matter of time. If it falls below 78561, the “chip” will once again retrace back to test the triangle support. If it can hold, it will continue to consolidate and rise; if it can’t hold, then we’ll look toward the 77561 lower level. The US stock market hasn’t opened yet—so it’s still seeing a pull-up, and the “chip” lacks confidence. We can just follow the chart’s rhythm and watch as it develops.

For Ethereum, the key support on the four-hour timeframe is at 2359. If it breaks below, it will pull back and look toward the 2308 to 2261 range. Currently, Big Cake has already broken through a bearish flag structure. It has broken through the short-term resistance at 2339, but now it’s stuck at the 2395 resistance level and can’t get above it. If it can hold above 2395, the bullish move can continue. The next targets for the push are the resistance zone from 2424 to 2464. If it can’t break through 2395 after three attempts, it will pull back to retest the 2339 support—first consolidating to build strength, and then looking for another opportunity to move upward.

$ETH Key resistance levels: 2391, 2423, 2464; core support levels: 2355, 2320, 2283. Operate steadily based on these support and resistance ranges.