The recent surge in the early morning is a long-anticipated technical breakout. After Bitcoin stabilized around the $65,000 mark, it broke through the recent consolidation range with typical volume expansion, reaching a high of around $67,700. This signals a strong return after a "downtrend exhaustion." Currently, the price is hovering around $67,000, which is a normal technical consolidation after breaking through a key resistance level, aimed at digesting short-term profit-taking and preparing for a push higher. Ethereum's performance has been even more impressive, rising from $1,880 in a near-vertical move to around $1,986, indicating that mainstream funds are actively replenishing higher-volatility assets.

From a structural perspective, the $65,000 zone, being a short-term area of heavy trading and turnover, stabilizing here suggests that market willingness to hold is significantly strengthening. As long as the price does not quickly fall back below the $66,300–$66,000 range, the bulls still hold the initiative. On-chain data shows that exchange reserves have not surged, weakening the logic of panic selling by retail investors, and instead implying that "smart money" is actively accumulating. Therefore, this current corrective phase resembles a preparatory crouch before a jump, laying the foundation for further upward movement.

Bitcoin strategy: Long around $67,000, target $69,000
Ethereum strategy: Long around $1,970, target $2,070