The market from midnight to early morning hardly moved, and the overall trend can be described with four characters: "sideways instead of decline." After a price surge, there was no further retracement; instead, it mostly presented in a sideways manner. Last night, the price rose from around 78,128, repeatedly breaking through the 80,000 level. After reaching a high of 80,771, it faced resistance from above, and the bulls did not continue to increase volume, but there was also no deep correction. This is what we call "sideways instead of decline," replacing the pullback with a horizontal consolidation. Ethereum's movement is quite similar, with the overall rhythm consistent with Bitcoin, both showing sideways correction under high-level resistance. From the current structure, although there is pressure at high levels, it does not affect the subsequent push higher. This morning, it is still advisable to treat it with a low-buy approach.

From the current market situation, Bitcoin's overall structure remains in an upward trend. It is unlikely to see many retracements in the short term, and the consolidation pattern is expected to continue for a while. The daily price K-line also closed higher again, holding the key support at the lowest point while breaking through recent highs. After the rally, there was no significant retracement, so it remains in a high-level oscillation, which is the phase of time correction we previously mentioned. The four-hour continuous bullish structure also shows signs of continuation, with retracements interspersed that are not worth mentioning. Currently, the price has recovered to the upper band, and the local movement is a combination of consolidation and upward stepping, with insufficient downward momentum for a strong decline. There are no large long shadows or long shadows, and each pullback is followed by a rebound. The bears' retracement strength is not enough to reverse the strong trend, serving only to slow down and adjust the upward movement.

On Tuesday morning, Bitcoin was bought around 79,600-79,400, aiming for 81,000. Ethereum was bought around 2,330-2,310, aiming for 2,450.