The daily chart shows consecutive bullish candles; the upward channel has opened, and a strong rally pattern has taken shape. Buying capital has entered the market, selling pressure is being absorbed, bullish sentiment is warming up, bulls are dominating the market. The short-term uptrend has not yet weakened, and the upward trend is supported.

Observing the 4-hour cycle, the indicators reflect the accumulation and release of short-term bullish momentum; bullish power continues to build. In the short term, the upward move has received confirmation from the indicators, and the conditions to push higher are sufficient.

Overall, the long- and short-cycle bulls are resonating in the same direction; the logic for the rise is validated. In the short term, the market remains biased to the upside, and the bulls’ offensive is proceeding smoothly.

BTC pullback around 63200–62600; target 64000–65500.

ETH pullback around 1770–1740; target 1800–1860.