Every retracement during an upward move is a test of patience; every steadfast hold during consolidation is a sign of respect for the trend. The market will never disappoint those who follow the trend, nor will it show mercy to those obsessed with fighting against the trend.


In the early hours, the price fluctuated around the middle band of the Bollinger Bands at approximately 78,400, showing a "yin-yang" alternating consolidation pattern, with a low dip to around 78,027, but never breaking below the lower Bollinger Band support, thus accumulating momentum for today's rise.
This morning, the price broke out directly from the consolidation zone, forming a large bullish candlestick, reaching a high of 80,590.2, setting a new rebound high in this cycle.
Ethereum also surged strongly from 23:22 to 2,398, synchronized with Bitcoin.
Currently, after breaking above the upper band, the price briefly surged and then pulled back; it still remains above the upper Bollinger Band at 79,878, indicating that the short-term bullish trend continues.
The Bollinger Bands are visibly widening, with the upper band moving upward, showing that upward momentum is still being released, and the support level has shifted up to around the middle band at 78,400.
The J-line has already reached a high level, suggesting a short-term correction may be needed, but no clear death cross signal has appeared, indicating that the pullback is likely a technical adjustment rather than a trend reversal.
Bitcoin: 79,500 Target: 81,000 Stop-loss: 78,000
Ethereum: 2,340 Target: 2,460 Stop-loss: 2,310
BTC1.55%
ETH2.13%
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