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The morning market movement still mainly revolves around oscillations within the range, showing a short-term oscillating upward trend. After reaching a high of around 76,700, it faces resistance again. The resistance points above still exist, and the upward momentum is not strong. The high points have not stabilized, followed by a slow correction. As can be seen, bulls and bears are clearly divided at high levels; each attempt to push higher lacks follow-through, and each pullback does not trigger panic selling. The rhythm remains within a relatively converged range. After the morning, the market’s center of gravity slightly shifts upward, trading around 76,500, with a structure similar to the previous days, not the start of a new trend. Overall, it is a typical oscillating market with limited space but frequent movements.
From the current chart structure, Bitcoin remains in a high-level oscillation and consolidation zone on the daily chart. The pullbacks have not broken the overall upward structure. On the 4-hour chart, a clear range-bound oscillation pattern has formed, with support at 74,800-75,200, forming a stage support level. Resistance is at 77,000-77,800. The current market is operating near the lower middle of the range, and on the 15-minute short-term chart, signs of stabilization and a potential second rebound structure have appeared; there is a possibility of building a secondary upward wave. Ethereum is also in a linked structure, with 4-hour support concentrated around 2220-2200, and resistance at 2300-2340. The current market is running along the upper edge of the central zone, showing an upward demand. Overall, this correction leans more toward consolidation during an upward process rather than a trend reversal. As long as key supports are not effectively broken, the bullish structure remains valid. For subsequent trading strategies, the focus remains on buying on dips, especially near 76,300 for Bitcoin and around 2240 for Ethereum. If supports hold, prioritize long entries with the trend, aiming for a rebound back to the upper range.