From late night to early morning, the market did not experience significant volatility, more like what we mentioned earlier—sideways consolidation with multiple attempts to push higher, then retreat, followed by another surge. The pattern is somewhat similar to yesterday. In the early hours, it retested the lower level of 81,000, then rebounded again in the morning, breaking through and hitting a recent high of 81,745. During this period, the retracement was weak, and the structure remained upward. Bitcoin repeatedly consolidated above 81,000 before continuing higher, then entered a high-level oscillation. Ethereum's movement was largely synchronized, falling back to around 2,358 to stop the decline, then oscillating upward. In the morning, it surged past 2,380, entered sideways consolidation, and after testing above 2,380, it retreated. Overall, it also shows a pattern of first retracing, then rising, and finally consolidating at high levels.

Bitcoin's daily chart closed with five consecutive bullish candles, showing strong gains. After a long period of powerful rallying, the price remains high, with volume breaking through new highs previously, and the price staying above the 81,000 level. It has regained the previous losses, and the weekly trend remains strong. After continuous bullish candles, the daily chart is now in a correction phase, with a medium-sized bullish candle continuing the upward trend, maintaining a bullish outlook. The strong consecutive bullish candles indicate that the previous retracement low of 78,000 is the key support for the bulls this week. The short-term trend is expected to continue upward, and as long as there is no downward breakdown, the next target is likely to challenge the previous high. The four-hour structure remains at high levels, so maintaining a low-leverage long position is advisable.

On Wednesday morning, Bitcoin is expected to range between 80,800 and 80,600, with an upward target of 82,500. Ethereum retraced to around 2,340–2,320, then added to long positions, aiming for 2,460.