Bitcoin overall shows a choppy rebound pattern. It started rebounding from a low around 65,526 this early morning. During the oscillating climb, it gradually broke through short-term suppression. Current price is stabilizing around 66,072, and the high has reached the 66,383 area.

Ethereum’s price action is highly correlated with Bitcoin. It also began its upward move from the 1,904 low, surged to the 1,941 high area, and maintained a steady “follow-up rally” throughout, highlighting strong linkage on the chart.

On the daily timeframe, the upward channel continues to expand in an orderly manner. After the market experienced a pullback from the prior $57.8k low, completed sufficient “energy accumulation” and bottoming, it has successfully switched to a steady pattern of oscillating upward movement. Bullish momentum releases gradually, driving the 5-day, 10-day, and 20-day moving average system into a synchronized converging upward structure. The 200-period EMA provides effective support. This pattern indicates that the market trend has clearly returned to being led by bulls, and the uptrend has strong persistence and a solid structure. On the four-hour timeframe, the strong uptrend tone continues. Price steadily climbs, consistently relying on the rising triangle support and the channel’s upper band, showing a technical feature of one-way strong upward movement. The RSI indicator stays in a neutral-to-strong zone, further reinforcing the basis for the daily bullish trend.

Based on the current market rhythm, bullish power is still continuously building up. The short-term pullbacks seen along the way are not signals of trend reversal, but instead typical “accumulation and washout” actions. The core purpose is to gather energy for the next push toward the key resistance level at 68,000. Today’s early trading strategy still focuses on placing long positions on pullbacks.

Specific trading suggestions: Monitor support in the 66,000-65,500 area as well as the two levels at 64,800 and 63,800. If support holds without breaking, you can consider entering with a smaller retracement. Look for an upside move with a potential range of 500-6000 points.