From the 1-hour cycle perspective, Bitcoin's bullish momentum continued to be released in the early session, pushing up to the stage high of 81,270. After reaching this high, influenced by the slight decline of US stocks, combined with profit-taking at high levels, a rapid downward move occurred in the evening, with the lowest touching around 79,800. Currently, the price is fluctuating around the 80,000 level. This correction is a technical pullback within the upward trend, and the key support zone has not been effectively broken. The long-term bullish structure remains intact, and overall, it is still in a high-level, wide-range oscillation with a relatively strong rhythm.

My core strategy for the evening is to buy the dip and go long. There are two main reasons for this bullish approach: First, the key support is clearly holding. The 79,800-80,000 range is not only the core support zone for this correction but also the dense trading area where the previous bullish momentum was initiated. The price has shown clear signs of stabilizing after falling back to this level, with bearish selling pressure significantly weakening. The technical rebound demand is strong, making this the main area for us to buy the dip and go long.
Second, the trend structure has not been broken. This correction is merely profit-taking within the upward process and has not broken the key support. The larger bullish trend remains intact, and the buying power below is sufficient. This is the confidence behind our firm bullish stance.

Trading suggestions:
Buy near 79,500-79,200 for Bitcoin, targeting around 81,000
Buy near 2,250-2,240 for Ethereum, targeting around 2,310
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