The morning Bitcoin experienced a period of sideways consolidation around 76,000, after which the market gradually raised its trading center of gravity. Subsequently, the bulls began to concentrate their efforts with continuous volume increases, pushing upward. First, they broke through the 77,000 level smoothly, forming the first wave of accelerated upward movement. During this period, there was almost no significant pullback, reflecting strong buying support. After reaching a high level, there was no obvious retreat; instead, the market digested short-term profits with sideways consolidation, maintaining operation within a high-level range. After the consolidation ended, the bulls launched another push, and the market saw a second volume-driven rally, further rising toward around 78,400. Ethereum's trend was highly synchronized with it, starting from around 2,320, consolidating with volatility, then initiating a one-way upward move, quickly breaking through 2,350 and continuing above 2,380. After another sideways consolidation at high levels, it strengthened again, reaching above 2,400. The entire process was smooth, with limited retracement, indicating that short-term funds dominated clearly, driving the market to move upward continuously.

From the current structure of the market, on the daily chart, the trend still operates within a complete upward structure, with higher lows and higher highs, and the trend direction remains unchanged; on the 4-hour chart, it shows a high-level consolidation after an upward move, belonging to a trend continuation structure, with no signs of a breakdown. Regarding key resistance above, Bitcoin should focus on the 78,600–79,000 range, which is a zone of overlapping high points with dense trading activity above, and also an extension resistance zone after two short-term rallies; further breakthroughs would require attention to the psychological resistance at the 80,000 level. For Ethereum, the immediate resistance above is around 2,400, with a higher-level resistance near 2,450. On the support side, Bitcoin first focuses on around 77,500, corresponding to the lower edge of the high-level consolidation zone, followed by support near 77,000, which also has significance for breakout and retest confirmation; further below, attention should be paid to the starting platform around 76,000. For Ethereum, short-term support is around 2,360, followed by the rally zone near 2,320. Overall, the key lies in the gains and losses of these resistance and support levels, to judge whether the structure will continue or change. #GatePreIPOs首发SpaceX $BTC