In the evening, Bitcoin initially rose then fell back, reaching a high of around 77,873 before facing resistance and pulling back. Currently, the lowest point at midnight is around 76,115, and previously Lao Chen clearly indicated to first go long and then look for short opportunities based on the resistance levels above. So far, whether in terms of market trend or the points we've identified, it basically aligns with our intraday strategy: retest and go long in the morning, add positions again at midday, and after reaching a high in the evening with insufficient upward momentum, directly follow the trend and go short, again capturing 1,300 points. Ethereum also followed the trend, capturing 50 points. As we approach the early morning with news releases, Lao Chen believes this retest is just a preparation for a subsequent rally.

From the 4-hour technical analysis perspective, the current market shows a typical slow, stepwise oscillating consolidation pattern. The candlestick formations resemble a climber suffering a landslide, but before each key resistance level, there is a brief pause, digesting the upward pressure through repeated testing and adjustments. After breaking through the previous support level, the price did not surge sharply but steadily advanced with 3-4 small bullish candles combined with bearish candles. This pattern of gradual rise while consolidating and correcting is building a bottom through time and space, repeatedly shaking out short-term profit-taking positions, while also waiting for more positive fundamental factors. This type of movement often indicates the potential for a more sustained medium-term rally in the future. Patience is needed, waiting for the market to complete necessary technical corrections before breaking out.

Midnight Bitcoin around 76,000-75,800 can be bought, with the target first focusing on 77,800. Ethereum around 2,265-2,245 can be bought, with the target first focusing on 2,380.