In the crypto space, if you walk in the wrong direction, one mistake will lead to more mistakes. Don't be stubborn—stop when you should and reposition your strategy. Choice is greater than effort, and greater than blindly opening positions.

Reviewing yesterday evening and midnight market action, Bitcoin tested highs under pressure at the 70756 level before bears retested for confirmation, touching 69303 before bulls rebounded to contest. Early this morning, another rebound rally reached highs of 70727. Ethereum surged and pulled back last night, hitting a high of 2094, retracing to 2036, and currently rebounding to 2093 in the morning before slowing. The overall rhythm remains as discussed in yesterday's article—primarily retracements on strength without breaking key levels, treating the market as range-bound oscillations. The price action is fully consistent with our strategy. Bitcoin's pullback gave bulls around 1000 points of space, while Ethereum gave bulls 50-60 points of space. Friends who reviewed Jin's advance analysis yesterday were able to execute short-term trades quite easily and capture profits.

From the current daily chart perspective, Bitcoin has moved with smaller range, forming a fourth consecutive yang at this morning's close, though with small real bodies appearing as fragmented positive candles. Short-term momentum shows bulls moving steadily, gradually lifting higher. On the 4-hour level, using 65569 as a short-term breakout point, bulls are moving strongly, currently forming a stepped climb with 68932 as the secondary low for a second advance, creating a healthy rebound uptrend with bulls moving steadily. For today's operations, we still follow the bullish bias and probe higher—just monitor the continuation strength of the bulls. On rallies and pullbacks, we can short and then reverse to catch longs.

Friday: Bitcoin around 71000 can go long, target 72500-73000
Ethereum around 2100 can go long, target 2200 first. #PI #BTC