The afternoon market showed little overall changes. Bitcoin surged to a new phase high of 74444 but then came under pressure and pulled back. After short-term bullish momentum was released, the market entered a consolidation phase, retreating below 74000. However, the price maintained oscillations above 73000 overall, with no obvious signs of weakness in the market structure. The rhythm of resuming upward movement after stepping back and stabilizing—which was emphasized in previous posts—has been largely verified. After surging higher, the market did not experience a deep pullback but instead digested gains through consolidation, maintaining a strong consolidation pattern overall. Meanwhile, Ethereum showed relatively more positive momentum, with the rally continuing to advance and currently beginning to test the 2300 level above. Short-term bullish momentum is still gradually being released.

From the current market perspective, Bitcoin is in high-level platform consolidation after a rapid rally, remaining within an uptrend channel overall. During pullbacks, lows are rising, which represents a classic strong consolidation formation structurally. As long as key support levels below are not broken, the market still has conditions to retest previous highs or even continue the breakout. Ethereum presents a clearer oscillating uptrend rhythm, with the market continuously approaching the 2300 round number level. Once this level is firmly held, upside space may open further. Considering current structures across all timeframes, the market remains in a bullish-dominated rhythm. The long-biased approach from midday remains unchanged; patiently await upside opportunities following pullbacks. #比特币站上七万美元 $BTC