After a whole day, the market action was too calm, and the overall market has been in a sideways range-bound consolidation. I watched the charts for a long time but couldn’t make a move, because it was just back and forth within a few hundred points. So this kind of rhythm doesn’t need to be rushed into trading; entering the market is also a kind of torment. Better to calm down and do a proper review of your recent wins and losses.

After a price spike at around 66363 in the early morning and then halting, the market slowly pulled back from midnight to the early morning. Now it’s running near the 66000 level.

However, Ethereum has been moving with strong momentum, and it coincides with the scenario we gave. In the midnight spike, it also hit the highest point around 1955.

Our big BTC long was entered near 65500 and exited near 66300—about an 800-point range. ETH is the same as BTC; the long also captured more than 30 points.

For BTC in the morning, watch the 65500 level. Only if there is a 4-hour level close above this position will this pullback be considered over; then look for short orders again near 67000–67500.

If, in the morning, the 4-hour level breaks below 65500, and the market continues down, then look for long orders near 65000–64000–63500.

For ETH in the morning, watch the 1910 level. As long as the 4-hour level doesn’t fall below this position, after a smaller pullback, it will still rebound; then look for short orders again near 1950–1980.

Only if it breaks below 1910 will the 4-hour level start to turn into a pullback; then look for long orders near 1880–1850.
$BTC $ETH