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The daily chart's major cycle is generally bullish, with all cycle moving averages forming orderly upward support, indicating solid fundamentals. Technical auxiliary indicators have recovered and warmed, momentum in the consolidation phase has dissipated, and the strength is accumulating, creating a bullish atmosphere.
In the short-term dimension, the price has broken through short-term resistance, stabilized above key support, with strong bottom stabilization signals, and a clear bullish trend signal. There is ample upward space above, solid support below, and no signs of deep retracement in the short term.
Overall, the current market shows a complete upward structure for the consolidation phase, with technical resonance, and the subsequent trend is likely to oscillate upward steadily and push higher.
BTC retraced near 80,400-79,800, with potential to rise to 81,300-83,000.
ETH retraced near 2,260-2,220, with potential to rise to 2,300-2,380.