From the perspective of the 4-hour cycle, the market lows and highs are moving up in sync, the bullish tempo is clear, and the upward channel has already taken shape.

After starting from a low level, the pullback has limited strength; it hasn’t broken through key support. The bulls’ follow-through is strong—this is not a short-term long trap designed to lure traders.

Intraday pullbacks are all benign washouts. There is no breakout with increased volume, and no signal of bears continuously hammering the market. The main players are flushing out floating positions and easing sell pressure, making preparations for the next rally.

In terms of trading, it’s recommended to go long with a light position once the pullback stabilizes. Don’t blindly chase higher prices, and avoid getting shaken out by the washout volatility to improve the safety of your holdings. Go with the trend—stability first.

Trading suggestions:
BTC: Go long around 77500, target 79000
ETH: Go long around 2280, target 2340