$BTC From the current chart structure, the market is in a normal consolidation phase following a breakout, which is by no means a sign of trend reversal. We must have a clear understanding: financial markets have never relied on the myth of only rising without falling, nor will there ever be a dead end of only falling without rising. Therefore, this wave of cyclical pullback is not only not frightening, but also the healthiest "correction step" within a trending move. It clears out floating chips for subsequent upward attacks and lays a more solid foundation.

Currently, this wave of pullback has not fully completed its release, and there is still some inertial space below, but this is precisely the "golden pit" left for us. From a technical perspective, Bitcoin should focus on the strong support zone around 73,000 on the daily chart—this level is not only a concentration of moving averages but also the psychological defense line for bulls; Ethereum should focus on the mid-level support near 2,270. Once it pulls back and stabilizes, it will be an excellent entry point on the right side.

In terms of operation, our approach should be clear and our vision should be long-term: what we need to do is not panic, but first seize the opportunity at the end of this pullback in line with the trend, and deploy in batches near key support levels. After the pullback confirms and the bears are exhausted, we should decisively re-establish long positions and follow the trend. Official account: Shengdong Trend Theory #比特币站上7.5万美元