Yesterday, Bitcoin saw a strong rally, surging to 80845, while ETH climbed to 2566. After touching the highs, bullish momentum weakened and the market entered high-level consolidation. After the rally, prices failed to continue breaking to new highs, with repeated back-and-forth battles. The highs were tested repeatedly but failed to hold, while short-term profit-taking continued to emerge. Prices slowly retreated from the highs, with Bitcoin pulling back to a low of 78522. Support held, preventing a deep sell-off, and the price subsequently recovered through consolidation to trade around 80200. ETH likewise followed Bitcoin, consolidating lower after rising to 2566 and pulling back to a low of 2480 before holding support and rebounding. It is currently hovering around 2509. Overall, this is a high-level range-bound consolidation pattern. After the sharp rally, the market has entered a period of rest without directly reversing, but upside momentum has clearly weakened as bulls and bears continue to battle at elevated levels. Bitcoin is currently fluctuating at high levels, and the Bollinger Bands are beginning to narrow as the market awaits a directional choice. The short-term strong resistance above is the previous high at 80845. Only a sustained break above this level would restart a new round of gains. First support: 80000‑80150, the short-term bull-bear dividing line. If this area holds, the market will maintain relatively strong consolidation. Second support: 79000‑79200, an important defense zone for the bulls. If there is a solid break below 80000, the price will pull back toward this range; if 79000 is lost, this short-term bullish trend will weaken. ETH is following Bitcoin. After rising to 2566, it entered range-bound consolidation with greater volatility. Resistance above is the previous high at 2550‑2566. Only by holding above this area can it continue to open up room for further gains. Key support below: ETH will see more frequent consolidation and shakeouts, and once support is lost, the pullback will be larger than Bitcoin's. 8.28 Early Morning Outlook Bitcoin: Go long on a pullback into the 80000‑79700 range; target the previous high at 80845, with continuation after a breakout. ETH: Go long once the pullback stabilizes around 2500; target the 2540‑2566 resistance zone.

📊 My Event Market Analysis: Market Momentum Matters Article: I’m watching this event market closely because market sentiment can change quickly as new information appears. Recent trends, current momentum, and available market data should all be considered before making a prediction. I prefer to wait for a clear setup rather than making a decision based only on emotion or speculation. Risk management is also important when trading event markets.#CandyDrop1BTCForOldUsers $BTC ‌

Yesterday’s movement slowly oscillated upward, rising from 785 to around 808, with some decent pullbacks along the way. The movement was consistent with expectations. Yesterday morning, I said the gap fill was nearing its end, and another period of consolidation would build momentum for the bulls, so I no longer expected the gap fill to continue and instead looked for the bullish trend to continue. Yesterday’s three trades captured a total of 3,650 points. That also made it 9 consecutive wins. So how will it move intraday… The overall structure is currently strong, with the bulls still in control. The pullback during this period is due to the gap fill following the bulls’ recent surge in volume, and it also serves as a time-based correction. Therefore, after the corrective consolidation, it will first follow the trend and continue strengthening. Tonight’s two fundamental events are also crucial: the nonfarm payrolls report and Waller’s speech. In the afternoon, I will analyze the fundamental direction from various angles. Before then, continue buying on dips and look for bullish positions on pullbacks. Buy around 797 to 793 on a pullback, targeting around 817 to 821.