This week's market action is also coming to an end, so let me provide a summary of this week's price movement. Bitcoin showed a clear uptrend in the first two days of the week, with a 6% gain over two days, with the price rising from a low of 65600 to around 71800. On Friday, it reached a high near 73800, then came under pressure and pulled back, ultimately stabilizing in the 70000-72000 range. Overall, after the initial weekly rally, it entered a consolidation phase, with a relatively more stable trend compared to last week. Ethereum followed Bitcoin's movement, rising to a high of 2210 in early week before pulling back under pressure, ultimately stabilizing around 2000.

Over the past few days, we've also been bringing in great profits for our coin friends.

Wednesday: Bitcoin setup two longs totaling 2300 points profit, Ethereum setup one short and one long totaling 105 points profit
Thursday: Bitcoin setup two shorts and one long totaling 3100 points profit, Ethereum setup one short totaling 77 points profit
Friday: Bitcoin setup two longs and one short totaling 2750 points profit, Ethereum setup one long and one short totaling 143 points profit
Saturday: Bitcoin setup one long totaling 1300 points profit, Ethereum setup one short totaling 41 points profit
Sunday: Bitcoin setup one long totaling 650 points profit.

From a technical perspective, after a strong rebound at last Sunday's support level, the price entered a consolidation phase, but selling pressure at higher levels has established a stable zone. The bulls' halt at previous levels indicates certain resistance exists above. The sideways consolidation in the mid-to-later period held above 70000 without effectively breaking down, maintaining an upper-leaning range. If price approaches the 70000 support level, longs are tradeable.

From a structural analysis, this correction mainly stems from technical retracement after a small-cycle high, compounded by short-term macro headwinds. Currently, the overall trend remains in the high-level consolidation category rather than a trend reversal. After Bitcoin made a short-term new high, the uptrend hasn't been broken. The current pullback is more likely an intermediate adjustment within a bull market. If price can effectively hold above 72000, that level becomes next week's key dividing line between bulls and bears, with expectations to enter higher levels next week.

Bitcoin: Long around 71500, target 73000
Ethereum: Long around 2080, target 2200#加密市场上涨