On the daily chart, we’re seeing a rise to highs followed by a pullback and then high-level consolidation. This is just a normal correction during the uptrend; the big-picture trend for the bulls hasn’t changed.

The disorder among the moving averages is the process of share/position rotation and strengthening the bottom. Just because the price can’t rise further doesn’t mean the market is weakening—it’s a buildup phase. The downside potential is limited, which indicates there’s sufficient buying demand below.

Still look to pull back and go long: for BTC, do “division” at 65,400 with a target of 67,000; for ETH, go long at 1,910 with a target of 2,000.
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