Currently, Bitcoin's price remains firmly above the 80,000 mark, forming a typical consolidation pattern with reduced volume, which is a healthy correction and accumulation phase within the main bullish upward trend. Intraday, the market continues to fluctuate above the key psychological level of 80,000, with multiple dips during trading not able to break below effectively. This level has shifted from a previous resistance to a strong and effective support platform. The overall bullish upward trend remains intact. Due to weekend market liquidity contraction, the chart shows a narrow-range sideways consolidation with decreasing volume. There are no signs of large-scale profit-taking panic selling, indicating that bullish funds are controlling the pace steadily with sufficient absorption capacity. The current trend is a standard upward consolidation and accumulation phase, with further upward expansion potential remaining.

From the chart structure analysis, the short-term overall pattern shows strong characteristics. The daily chart shows a large bullish candle with a strong rally. After the price bottomed and stabilized above the 80,000 level, the highs continued to rise and refresh, with strong bullish momentum. Currently, short-term bullish energy is being released, and the overall upward trend still has room to extend. However, signs of waning upward momentum are emerging, and a technical pullback correction is expected, so caution is needed regarding phase-based retracement risks. On the operational side, Midnight Jingquan suggests waiting for a pullback and support confirmation before selectively entering positions in batches.

For Bitcoin, personal advice is to go long in the 80,300-80,500 range with a target of 81,500.

For Ethereum, personal advice is to go long in the 2,990-2,320 range with a target of 2,380.