Bitcoin faced resistance and pulled back after early session rebound, currently held below the 82,000 level. Our morning strategy also suggested first waiting for a pullback before looking for a rebound. Short positions gained 800 points, but many longs entered at 81,000 and are now trapped. Overall, the pattern hasn't broken down, so the bullish trend still continues. Ethereum, after breaking below 2,300, has again fallen to around 2,280 and faced resistance. Our long positions around 2,320 in the morning were also cut at 2,300. Currently, Ethereum shows real momentum; the rebound highs will continue to decline, so focus on support levels for positioning.

The daily chart shows a series of downward candles, and indicators also show signs of high-level congestion turning. But overall, there are no further breakdown signals at the moment, and short-term support levels are relatively strong. Under these conditions, it’s not advisable to blindly trust the bears. Today's morning pullback can still reference yesterday’s rebound for positioning, but the key difference is that tonight’s CPI data release will influence the market. Looking at the four-hour chart, the rebound and pullback have basically formed a new triangle, but the pullback is mainly a bottoming process, with support around 80,500. The rebound high is somewhat suppressed, but this adjustment was anticipated early on. The pullback reached the key support levels we identified in the morning, with resistance near the 30-day moving average. The bullish structure remains intact; as long as key support holds, the overall correction is still a consolidation trend.

Bitcoin can be bought around 80,500-80,800, targeting near 82,000. Ethereum can be lightly long around 2,280, targeting near 2,330. Recently, Ethereum’s exchange rate has continued to decline; focus on short-term bullish setups rather than distant outlooks. Key resistance levels can be used for intraday short positions.