Looking back at tonight's correction, Bitcoin quickly rebounded after dropping from $68,100 to $66,000. Ethereum also recovered from $1,980 to around $2,000. From a technical perspective, this dip appears to be a healthy retracement and shakeout. The key point is that $66,000 is not only a previous consolidation level but also a critical support on the daily chart. The price received strong buying support here and rebounded quickly, indicating that major funds are strongly defending this level and showing signs of accumulation at low positions. This V-shaped recovery often suggests that the bearish forces have become exhausted after rapid release.

From a larger cycle perspective, the overall upward channel remains intact. Tonight's correction is a correction of overbought technical indicators, successfully clearing out short-term weak hands. The market structure remains bullish. As long as Bitcoin can hold above $66,800, there is still momentum for a short-term push toward $68,500-$70,000. After gathering strength around the $2,000 level, Ethereum is expected to follow Bitcoin's rhythm and attempt to reach $2,050 or even higher.

Bitcoin strategy: Buy near 66,800, target 68,500
Ethereum strategy: Buy near 1,985, target 2,085