After BTC recently broke through 85,000, it has entered a high-range consolidation and corrective phase. At the same time, ETH has been stabilizing above 2,700. Judging from the structure, this looks more like a normal pause after a higher-volume move on the weekly chart rather than a trend reversal. As long as the recent highs have not been effectively broken and the lows keep getting higher, the bullish structure remains intact. For BTC, watch for continuation opportunities after a pullback to 85,300—85,800, with a target of 88,500. For ETH, watch the 2,720—2,740 support zone, with a target of 2,820. Right now, it’s more suitable to follow conservatively rather than chase or flip short too early.
1. There wasn’t much movement early in the morning—so why isn’t this the end of the trend?