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The intraday white session overall has not been particularly intense since this morning, but the rhythm is quite clear. Bitcoin found support around 68,300 and gradually stabilized and rebounded. The bulls' momentum clearly strengthened, and the market then moved upward in line with the trend, briefly reaching a high near 70,550. After encountering some selling pressure near the round number, it entered a consolidation phase at higher levels. Currently, the market is oscillating around 69,500, showing a correction. Ethereum's movement is basically in sync with the overall market, starting a rebound near 1988 this morning, reaching a high of around 2053 during the session, then also entering a sideways consolidation phase. It is worth mentioning that this morning I also provided a clear strategy focused on long positions around the lows, and I executed multiple long entries in real trading. As the market gradually rose as expected near midday, the long positions were naturally taken profit, adding to the gains. Trading itself is not complicated; the real challenge often lies in execution. When the strategy aligns with the structure, following the trend usually makes trading much smoother.
From the current market structure perspective, after a rapid surge, Bitcoin entered a consolidation zone near the 70,000 level. The short-term moving averages are arranged in a bullish pattern, and the overall structure remains relatively strong. During the pullback, the lows are continuously rising, indicating that buying support below still exists. As long as key support levels are not broken, the market still has the momentum to move higher. In the short term, focus on the 68,800 support zone, which is the main support area after this rally; resistance above is concentrated around 70,800. If volume increases and the price breaks through this zone, the market could further test the resistance near 72,000. As for Ethereum, the trend is also relatively strong, with support at 2025–2005 and resistance at 2080–2100. Overall, the market remains in a slightly strong oscillating structure, and the trading strategy continues to favor buying on dips.