Today’s market shows a clear bullish resurgence. After successfully stabilizing above the key support level of $69,000, Bitcoin surged in the evening with increased volume, breaking through the $70,000 psychological barrier, indicating strong support at lower levels and the reopening of upward space. Ethereum also followed closely, rebounding steadily from the $2,080 support zone to above $2,125, demonstrating a warming market sentiment and positive capital linkage.

Key technical structures have been reinforced. Both Bitcoin and Ethereum’s dual critical supports have withstood retracement tests, forming effective bottoms. Bitcoin’s breakout from its range suggests the short-term consolidation pattern may be ending. If it can hold above the $70,000-$70,500 range, the next target will be above $72,000. The overall market has resumed a oscillating upward trend.

Overall, the bulls have regained the short-term trend control. In terms of operation, as long as the key supports (BTC $69,000 / ETH $2,080) are not broken, the probability of trend continuation remains high. Subsequent focus can be on Bitcoin testing resistance at $71,000 and Ethereum advancing toward $2,180. #当前行情抄底还是观望？ $BTC