$ETH The morning Bitcoin formed a doji with long upper and lower shadows, clearly showing a tug-of-war between bulls and bears, shaking out traders.

Previously, it broke out of a double M top at 7.92 and then dropped sharply, falling to 7.56 and stabilizing, before reversing and pushing back above the 80k level, hitting a three-month high.
The previously sluggish market suddenly came back to life, market sentiment warmed up, and bullish opportunities reappeared.

The 4-hour timeframe shows a solid bullish structure, with highs and lows continuously rising, and the overall trend remains bullish. The strategy is to buy on dips, avoiding chasing high and getting caught.
Currently, it’s forming an ascending triangle pattern, and although the bullish trend hasn’t changed, it hasn’t broken out of the old consolidation zone yet. At this stage, don’t rush to act; watch more, move less, and wait patiently for the right entry point.

Resistance above is at 8.11, support below is at 7.8 and 7.69. If you’re itching to trade, wait for a pullback to the trendline or near the 7.8 support level, and taking small long positions is the safest approach.