Afternoon market movement: after reaching a high of around 80,590 in the morning rally, it faced resistance and pulled back, entering a phase of oscillation and weakening, with the lowest point touching around 78,128. The morning saw an upward move, followed by a decline in the afternoon, but the downward momentum did not continue, and the lower space was not further opened. The current rhythm more resembles a correction after the morning surge. Structurally, it also looks more like a recovery of the upward trend rather than a reversal. Therefore, the morning also indicated a bearish expectation; resistance at the high point suggests the best opportunity to enter short positions. As expected, the market declined in the afternoon, with short positions gaining nearly 1,500 points, and Ethereum also gained over 50 points accordingly. Markets never lack opportunities; what matters is whether you dare to execute at key levels. The real difference is never about judgment but about execution.

From the market structure perspective, Ethereum has already formed a clear bullish pattern on the 4-hour chart, with higher highs and higher lows moving in sync, indicating a relatively clear trend direction. The volume-driven upward movement in the morning effectively broke the previous consolidation structure, indicating that the bulls have regained control. The afternoon pullback is more of a technical correction during the decline. From a short-term perspective, the 15-minute and 1-hour levels show signs of stabilization; during the pullback, volume was insufficient, and resistance around 78,000 was encountered, forming a short-term support zone. The key support area at around 76,500 has not been broken, and the previous resistance has been broken through, opening further upward space. Therefore, subsequent operations should continue to focus on buying on dips, deploying long positions in batches at short-term support levels below, paying close attention to secondary upward opportunities after a pullback without strong momentum. The overall strategy remains bullish.

Trading suggestions:
On Monday night, consider going long on Bitcoin near 78,700-78,500, targeting 80,000.
For Ethereum, consider going long between 2,320-2,300, with an initial target of 2,450.