Based on the 4-hour chart, it is currently in a strong consolidation phase with a bullish engulfing pattern. Although there was a pullback within the day expressed as two large bearish candles, the recovery shows that no matter how it drops, it can also go up. In such a market, the short-term trend is definitely still dominated by the bulls. The indicators show that after a certain adjustment from the intraday overbought condition, the current state is healthy. Further price increases will vividly demonstrate the bullish strength. The future market will remain strong, and the trading strategy is still to buy on dips.

Regarding the trading approach, as the price is in an upward channel, the lows will gradually rise. Although the support structure at the current lowest point is around 77,500, with the lows rising, the support level for consolidation has moved up to around 79,000 to 78,200. Consider light positions for long entries. Keep an eye on the 81,500 to 81,000 range above, and if broken, continue to watch for a major correction towards 83,000. Ethereum still has room for a rebound in the future; the strategy is to look at the 2320 to 2350 range, and if it breaks 2400, continue to watch for a move towards 2450. $BTC $ETH $DOGE