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At present, the market holds steady in choppy consolidation and leans toward a broad range (box) movement. The center of gravity within the range is rising slowly. The bottom support strength under the “wide-head” has increased, the market bottom is lifting, and the medium- to long-term uptrend rationale has not changed.
In terms of short-term sentiment, after the prior rally, the “wide-head” momentum has not fully cooled off. The bulls show strong willingness to enter and deploy capital. There is ample room for price to move higher. In the short term, the market may expand its range, update the pressure levels, and move to fresh highs.
During the period, the “narrow-head” was pressured and probed downward multiple times, but it did not break through the box-range bottom support. Downside momentum has been insufficient, and any rebound has not formed a sustained uptrend.
Overall, the “wide-head” dominates, so follow the larger trend.
BTC pullback around 63,400–62,800 (wide), then up to 64,000–65,800
ETH pullback around 1,770–1,740 (wide), then up to 1,800–1,860