7..16 early morning

From the large-cycle technical structure, BTC weekly candlesticks have continued to close green. The prior long period of ranging consolidation and the washing-and-correction phase have already come to a complete end. The chart surface has been continuously releasing volume to build momentum, laying a solid foundation for a new round of bull-headed upside expansion. Currently, the weekly is in a strong state of high-level re-accumulation and a fresh volume surge, with the energy to drive a second push to top-touch. Overall pullbacks are extremely weak, belonging to a typical strong bull-head structure.

At the daily level, candles are also moving in a continuous run of green and rising. The candle bodies are full and powerful, and the pace of the bull-head advancing upward is very healthy. This week’s BTC trend will most likely continue its momentum of upward movement; the overall price action will show a pattern of “volume expansion ↑ followed by slower gains, pressing close like a wedge,” with the trend’s center of gravity continuing to shift upward.

Looking at the four-hour short-term structure next, the bull-head channel remains intact and has not been broken. It is running steadily by relying on the Bollinger Bands (boll) upward trajectory. Even though the short term will repeatedly show probe lows and pullbacks, as well as range-bound washing-and-correction, these are benign adjustments within the ↑ process. As long as the boll mid-band support is not lost, the bull-head trend will not change. Every modest pullback is a step in the ↑ continuation, serving as a corrective relay.

Suggestions
BTC: bullhead range 642-647, target 660-670
ETH: bullhead range 1880-1900, target 1950-1980.