Early trading session, bulls concentrated on volume-driven rally, Bitcoin once surged to around 79,500, Ethereum simultaneously tested the 2,400 level, our weekend long positions hit precisely, perfectly capturing the market move!


Currently, the market is in a critical stage of intense battle between bulls and bears. On the daily chart, the long-term upward trend continues, the bullish pattern remains solid, prices stay above the middle band of Bollinger Bands, and the moving averages are arranged in a bullish configuration, diverging upward, with strong trend momentum.
On the 4-hour chart, there is a high-level oscillation and consolidation trend. Although the price temporarily broke through the previous high, the upward momentum was not sustained, and it quickly pulled back, currently hovering around 77,500. Bollinger Band channels show that after piercing the upper band, the price quickly retreated, now back inside the channel, with short-term upward momentum clearly weakening and correction pressure gradually emerging.
Overall, the bullish trend remains unchanged, but in the short term, technical correction is likely, and the market may enter a consolidation phase.

Bitcoin retraces to around 77,300-76,800, aiming higher at 78,500-79,500, with a breakout targeting 81,300.
Ethereum retraces to around 2,310-2,280, aiming higher at 2,380-2,450.
BTC-0.16%
ETH-0.46%
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