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Evening Analysis
Last week, Bitcoin started a strong rally from around 70,400, surging all the way up to the 78,300 resistance level; over the weekend, the market entered a phase of correction, which has now mostly completed, with strong support forming near 74,400.
On the hourly chart, the upward structure remains intact, with the market's lows continuously rising, and the bullish trend has not been broken; after a pullback to gather strength, there is still momentum for an upward attack.
Trading Suggestions
Place long positions around 74,500-75,000 for Bitcoin, targeting near 76,500-77,000.
Place long positions around 2,270-2,300 for Ethereum, targeting near 2,470-2,500.