Bitcoin has now broken above the resistance level of 80,350.

If it can hold steady above 80,350, it means the short-term hourly correction has come to an end, and a rebound and rally will begin.

The key to this rebound is whether it can break through the previous high; this will determine if the upward trend can continue.
If it fails to break the previous high, the trend may retrace again.
Currently, the focus is on the pullback movement— as long as the price does not fall back into the bullish flag area, there is little risk;
if it drops back into this zone, the price is likely to fall toward around 79,170.

$BTC The support level at 79,170 has been tested twice already.
The support has held up after multiple tests, but the rebound has not yet made a new high, and during the next retest, it will likely break below.
Subsequently, it could either temporarily dip below and then quickly recover, absorbing the retail traders’ positions below, or it could fall straight down and never return.
So whether it can hold steady above 80,350 now is crucial, as it directly determines whether Bitcoin will stop falling and rebound or face resistance and continue downward.

$ETH Looking at Ethereum, it has broken through the 2,300-2,270 consolidation zone and returned above 2,300.
After breaking the zone, the price retested and confirmed that 2,300 is a valid support level, then started to rebound.

Next, Ethereum’s movement depends on whether it can break through the 2,348 resistance level.
If it successfully breaks through, the price could rise to around 2,390;
if it retests and falls below 2,300, it will likely return to the previous consolidation zone and fluctuate back and forth.
As long as it does not fall below the 2,270-2,303 consolidation range, overall risk remains low, and there’s no need to worry excessively.