Bitcoin/Ethereum once again hit the jumping board—can the later move still extend the main upward wave?

The Strait of Hormuz keeps tossing back and forth. Langzi just briefly loosened his grip, then turned around and shut it again. The situation directly spiraled out of control. The strait repeatedly opens and closes. The second round of US-Iran talks also has no progress. The optimistic sentiment that just appeared in the market collapses immediately. The three major US stock indices all fell across the board—can this situation still affect the overall market?

Let’s briefly talk about the current market. Kevin Woor, the Federal Reserve successor Trump has appointed, is set to take part in a Senate hearing on Tuesday and face layers of interrogation. Now the whole market is watching for his one sentence: how much does he plan to loosen interest rates, and when will he cut rates? After a rebound that breaks through resistance, the market continues to drift lower with a bearish grind. Tech stocks’ earnings reports, the Federal Reserve meeting minutes—followed right after by this Middle East issue—make it easy to see a scene where people flip their stance. This is also a key turning point…

First, it’s about how the short-term rebound gets suppressed, and how the pullback volume shows up. On Friday, after climbing to 78000, the market turned the board and faced pressure before falling back. As for Ethereum, no need to say more—after all, 2600 is the dense zone after the last plunge, and the pressure the bulls have above is still quite fierce. When everyone in the market is waiting for this rebound’s extension to unwind the trapped chips and resolve the positions in hand, the result is a slap back in the other direction. As for the testing pressure range above—there are also quite a lot of people chasing gains after the market sentiment. And one more thing: why are we still asking why, for two months, we’ve kept hitting the same range to go long?

The monthly Bitcoin view is bullish and long at 67500. Ethereum is bullish after bottoming and turning at 1800. The entire trend structure has no short positions, including last Thursday’s small-scale fake pullback followed by a volume rebound. It’s openly signaling that if it’s not a main upward wave with participation, it’s just not going to satisfy the retail traders’ “game.” You could say a false signal sent most early jumpers off the last car of the rally in advance. Then, until Friday night’s turning point—when the market turned the board, probed for pressure, and surged into the 78000 resistance—the Ethereum was also completely following the expected structure: a rebound from resistance at 2450. The two-month line cycle rebound has no flaws at all.

So before the current trend changes, any short-term drop is just a pullback. Learn to manage your positions in time—don’t become the bag-holder who chases price up and sells when it’s near the top. Whether it’s a fake breakout in the daily triangle area or a genuine pullback, respect the intraday trend!

On the Bitcoin lower time frame, it’s still mostly about building entries around 73500-73800. For the rebound, look at 74800-75500. The conversion when price steps onto 76000 is key. If it can continue probing the highs while holding protection, you can gamble on a rebound. If it doesn’t break, don’t force it—retreat in time!

Ethereum is basically building entries at 2250. For the range rebound, go patiently and wait for Bitcoin to sync over to 2300-2350. Holding firm at 2400 is also doing protection. The defensive stance should be determined based on your actual position size.

That’s it for now—wishing everyone all the best…#布伦特原油持续走强 $BTC $ETH