Yesterday afternoon, Bitcoin rebounded from around 80,480, consolidated at high levels in the U.S. market, and after touching 81,745 early this morning, it pulled back slightly;

Ethereum’s price fluctuations are really too small—yesterday morning it climbed from around 2,340 to a peak of only 2,398, and it has been under pressure all along at the 2,400 level.

First, the easing of U.S.-Iran geopolitical relations and the ceasefire between Russia and Ukraine; led to a short-term cooling in crude oil, favorable liquidity, and a lift for spot gold and silver;

The three major U.S. stocks once again showed strong momentum, with prices moving in tandem and consolidating at high levels—bullish forces are pushing the market higher and are eager to break upward.

After BTC made a new high, the stop-loss level moved up to 80,500, and the 80,000 level below successfully completed a “pressure-support” flip;

On a slightly larger timeframe, the price has already been bottoming around 79,000; the daily chart shows bullish volume expansion with a good structure.

Since ancient times, you buy the rise and not the fall—massive buy orders have stepped in, institutions have increased their holdings, and we should continue with a low-long mindset!

BTC suggestion: go long near 80,500, add longs at 80,000, with targets at 81,500--82,000;

ETH suggestion: go long near 2,350, add longs at 2,320, with targets at 2,380--2,400.