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Yesterday, Bitcoin surged higher and then entered a sideways consolidation at high levels, pulling back in the evening for a correction, which conveniently provided a low-entry opportunity. Currently, the market is in a phase of decreasing volume and consolidation, but this does not indicate that the bulls are losing strength; rather, it is the normal rhythm of the main players clearing out floating positions and accumulating at low levels.
From a structural perspective, the bottom support continues to rise, and the support levels below are becoming more solid, indicating that the overall bullish trend remains unchanged. The current range-bound fluctuation is a period of gathering strength and rest, using time to exchange for space, and there is still ample room for upward movement in the future.
Operational reference:
Relying on the vicinity of 76745 to place long orders, with the first target at 77350, the second take-profit at a breakthrough of 78000, then look at 79000, and 79800.
Ethereum yesterday had buy orders around 2115, with the first take-profit at 2135, gradually reducing positions, and continuing to watch for a breakthrough at 2148. If it’s difficult to break through, you can exit the position.
As for Bitcoin yesterday, both Bitcoin and Ethereum hit their second take-profit targets. The upcoming subscription will be shared with everyone before 2 o'clock.