After the early trading session, the bulls are in a strong recovery phase. Currently, with increased volume, they are pushing higher, breaking through the recent rebound and consolidation resistance at the 77,800 level, showing a strong short-term recovery. There has been no continuous decline or rise in the market. The double bottom pattern on the four-hour chart previously discussed also indicates that after breaking the consolidation range, a rebound could continue to 79,000 to fill the futures gap. Currently, if the level breaks, short positions should wait for the price to reach 78,500-79,000 before considering new shorts. Friends who entered early can wait for a high-level re-entry to add positions.

Regarding Ethereum, its movement is consistent with Bitcoin. Currently, breaking through the resistance at 2,150 gives the bulls a strong recovery. The key resistance zone to watch for a high is around 2,180-2,200. For those considering short entries, they can add to their positions within this range to average down. The short-term rebound does not affect the larger-scale weakness. The trading strategy remains to focus on high short positions.

For Bitcoin, friends who entered according to our early morning strategy should wait for a rebound to add positions, with the target around 76,000. If the level breaks, continue to watch for a move towards the lower boundary of the upward channel at 75,000. For Ethereum, consider short positions around 2,150, add to shorts on rebounds to 2,180-2,200, with a target down to 2,100-2,080.