Late night pullback is bullish, followed by another upside push and then a pullback and decline during today’s daytime session—everything is in line with expectations. At present, after the market dips, the continuation isn’t strong; it is still in a tight range of consolidation. The support below is reliable, so it can be said that it is entering a narrow sideways trend with pressure overhead and support below. This is also a characteristic after a rapid rise or fall. Although the oscillation range isn’t large, it still provides some room to capture gains via buying low and selling high. The overall price movement will gradually expand until the next unidirectional trend.

In the evening, shorts are taking profit, and longs are preparing to enter. For reference, go long on Bitcoin around 76000 to 76500, with targets around 77500 to 78500; go long on Ethereum around 2090 to 2110, with targets around 2160 to 2190; and at 75500 and 2050.