Morning Bitcoin continues to extend its oscillating and slightly bullish pattern, stabilizing around 77,500 in the early hours. The bulls kept pushing higher, reaching a high of 78,170, and short-term bullish sentiment has been completely ignited.

From the current chart perspective, on the 4-hour timeframe, the price retested the lower Bollinger Band and rebounded strongly, with the candlestick stabilizing above the middle Bollinger Band. The short-term trend has shifted from weak to strong; on the 1-hour timeframe, the price has been moving upward along the upper Bollinger Band, breaking through the upper band with strength, causing the Bollinger Bands to open further upward, fully displaying a bullish trend in the short term. However, resistance levels above are approaching, so blindly chasing highs is not advisable; it is better to buy on dips.

Bitcoin retraced near 77,300-76,800, with an upward target of 78,800-79,500.
Ethereum retraced near 2,120-2,090, with an upward target of 2,200-2,300.