Bitcoin overall shows a choppy upward pattern. After rebounding from the low around 65,214 early this morning, it gradually broke through the short-term suppression in the 65,800–66,000 area during the oscillating climb, with the high probing up to the 66,550 region. Current trading is around 66,345, maintaining a bullish consolidation tone.

Ethereum’s price action remains highly correlated with Bitcoin: it also started its upward move from the 1,894 low, surged to the 1,930 high area, and the entire move shows steady follow-through. The strong correlation on the board is evident, and the ETH/BTC exchange rate stays relatively stable, indicating fairly consistent capital flows across major coins.

On the daily timeframe, it shows a strong rebound structure after bottom repair. After the market fully built a base in the prior 60,000–63,000 range, it has successfully broken through the 200-week moving average’s key watershed. This has driven the moving-average system into a short- to medium-term convergent bullish uptrend. The EMA20 (about $64,514) provides effective support. The MACD indicator’s DIF and DEA form a golden cross, and the red histogram bars keep expanding, signaling that the market trend has shifted from bottom repair to a more bullish operation. Moreover, this uptrend has strong technical structure support. On the four-hour timeframe, the strong bullish tone continues. Price steadily climbs while being supported along the upper band of the Bollinger Bands, displaying the technical characteristics of one-way strong upside. With volume and price cooperating reasonably, it further reinforces the foundation for the daily bullish trend. However, it’s necessary to stay alert to the risk that momentum may weaken if recent trading volume continues to shrink. Currently, the market rhythm suggests that the bulls still dominate. Any short-term pullbacks are not trend-reversal signals, but typical strength-building shakeouts; the core goal is to accumulate energy for the subsequent breakout of the key resistance zone at 66,500–67,000. For today’s trading, the approach remains mainly to set up long positions on pullbacks.

Specific trading suggestions: watch the support in the 66,000–65,500 zone, as well as the two levels at 64,800 and 63,800. If support holds and doesn’t break, you can consider going long with a low pullback. Target an upside of 500–6,000 points space.
$BTC