Bitcoin quickly recovers after pulling back to 78,500: high-level consolidation is not a weakening trend—how to view the window for entering longs on Tuesday morning Bitcoin initially fell and then rose on Monday, stabilizing and rebounding after pulling back to around 78,636, with the overnight high recovering to around 79,391; Ethereum similarly pulled back to 2,464 before rebounding to around 2,499. Although the short-term market has paused, the rebound structure remains intact. The dual moving averages on the four-hour chart are still trending bullishly, indicating that the current pullback is closer to a healthy correction within an uptrend than a trend reversal. On Tuesday morning, focus on the BTC support zone of $78,500–$78,700 and the ETH support zone of $2,440–$2,460. If prices hold these pullback ranges, bulls may still have an opportunity to continue moving higher toward $80,000 and the $2,580–$2,650 targets. However, high-level markets are volatile, so traders should avoid chasing rallies, wait for pullback confirmation before entering longs with light positions, and set strict stop-losses. The crypto market did not extend its weakness on Monday, instead showing a clear pattern of falling first and then rising. Bitcoin fell to around $78,636 intraday before bulls began consolidating and building momentum. An accelerated rebound emerged overnight, with the price recovering to around $79,391 at its high; Ethereum moved largely in sync, finding support after pulling back to $2,464 in the evening and gradually rebounding to around $2,499 overnight. This movement highlights two points. First, buying support remains present at key support zones, and the price has not lost control due to the short-term decline. Second, bulls have not surrendered the initiative; they simply need to digest profit-taking through consolidation at higher levels. In the current market, not every pullback should be treated as a reversal, nor should every rebound be viewed as the start of a new major uptrend. A more reasonable approach is to observe whether support holds, whether the moving averages remain in a bullish alignment, and whether the rebound can gradually open up further room. From the four-hour structure, the dual moving averages for Bitcoin and Ethereum remain in a bullish alignment, and the pullback has not resulted in a broad breakdown below the moving averages. This means the foundation of the medium-term rebound remains intact, with short-term declines representing more of a correction within the uptrend. A rising market does not mean prices will never fall; normal pullbacks can instead release bearish momentum and reduce resistance during subsequent advances. However, high-level consolidation also carries risks. If the rebound continually fails to break the previous high, or if the price falls below key moving averages, a “healthy correction” could evolve into a “range reversal.” Therefore, the focus on Tuesday morning should not be on rushing to enter longs, but on confirming whether support is effective. Bitcoin’s key support lies in the $78,500–$78,700 range. Monday’s low of $78,636 has already tested this area once. If the price retests the zone on Tuesday and shows signs of stabilizing, such as a long lower wick, declining volume, and a rebound recovery, the bullish structure remains healthy. Conversely, if the price breaks below $78,500 on heavy volume and continues lower, the rebound thesis will need to be reassessed. The first upside target for Bitcoin is the $80,000 psychological level. Only by regaining and holding this level can bulls have an opportunity to further expand the upside, potentially even testing the previous high zone. The current price is not far from $80,000, but the closer it gets to the psychological level and the previous high, the more important it is to observe whether volume confirms the move; otherwise, a spike followed by a pullback could easily occur. Ethereum’s structure is similar to Bitcoin’s, but its elasticity deserves greater attention. ETH rebounded after pulling back to $2,464 on Monday, indicating that the $2,440–$2,460 range offers some support. If the price holds this area on Tuesday, the rebound target can initially be set at $2,580, with stronger resistance near $2,650. This means that if Ethereum can effectively break through the resistance near the previous high, its short-term upside for bulls could be more pronounced than Bitcoin’s. However, it must be recognized that Ethereum has not yet truly opened up room for new highs. Repeated selling pressure exists above $2,500. If the price reaches this area and shows heavy-volume stagnation, short-term bulls should not become blindly optimistic. Therefore, ETH is better suited to waiting for confirmation after a pullback to $2,440–$2,460 before considering a long entry, rather than chasing the price near $2,500. From an operational perspective, Tuesday morning is better suited to a “buy the pullback” approach rather than chasing every rise. For Bitcoin, focus on the $78,500–$78,700 support zone. If the price stabilizes after a pullback, traders can cautiously attempt a long entry with a light position, initially targeting around $80,000. For Ethereum, watch the $2,440–$2,460 support zone, initially targeting $2,580 and, if the strength continues, around $2,650. It must be emphasized that buying pullbacks does not mean going long on every decline. A meaningful long-entry window must meet three conditions: first, the price retests key support without breaking below it; second, volume clearly declines during the pullback; and third, funds return and the price regains a firm footing during the rebound. Only when all three conditions are met is the probability of success higher. Position management is equally important. The current market is in a high-level rebound phase, with high volatility and sensitive sentiment, so no trade should be heavily leveraged or oversized. It is advisable to focus on light-position probing. If the first long position opened on a pullback is stopped out, that indicates support has failed, and traders should not repeatedly add to the position to average down the cost. The core of a trading plan is not proving oneself right, but exiting promptly when the judgment is wrong. For medium-term investors, the current position is better suited to waiting for two confirmations: first, BTC holds above $80,000 with continued volume expansion; second, ETH breaks above the previous high and confirms the move with a daily close. Until then, the market may remain volatile, and a short-term rebound should not be directly equated with a medium-term trend reversal. In summary, both BTC and ETH initially fell and then rose on Monday. Buying support remains present in the support zones, and the four-hour bullish structure has not been significantly damaged, indicating that short-term rebound momentum remains. On Tuesday morning, focus should be placed on the quality of the pullback toward BTC $78,500–$78,700 and ETH $2,440–$2,460. If these levels hold, continue looking for a rebound; if they break, reassess the trend. In a high-level market, patiently waiting for effective support confirmation is more valuable than blindly chasing gains. Risk warning: This article is for technical analysis and market review only and does not constitute investment advice. Cryptocurrency prices are highly volatile, and leveraged trading carries significant risks. Please trade cautiously according to your own risk tolerance. #Gate闲钱宝自动生息享3%年化 $BTC ‌

Good morning, September 8! Bitcoin is currently trading around 79100. On the hourly timeframe, the bulls appear relatively weak. This Monday, we made one short and one long trade, two consecutive wins🔪, gaining 2300 + 98 points. $BTC Mingyuan, September 8 morning: Short around 79400-79900, targeting 78600-77800. $ETH Mingyuan, September 8 morning: Short around 2510-2535, targeting 2465-2430.

Cardone Capital plans to add 1,845 Bitcoin to its balance sheet! The American real estate investment company, which manages $5.3 billion in assets, seeks to increase its total Bitcoin holdings as part of its ambitious goal of reaching 5,000 Bitcoin by the end of 2026. $BTC $GT ‌$GER40 ‌$NAS100 $NAS100 #GateIdleEarnAutoYieldUpTo3% #GateLaunchesTrenchesWith0GasFee #ZECBreaks1200HitsNewAllTimeHigh #PONSDropsOver15%