Early trading sees short-term fluctuations with bulls and bears constantly switching. The morning market bottomed out around 65,800 and recovered, leading to a rebound and a surge higher. Currently, the highest recovery is around 66,700, but it faces resistance and pulls back. The current price remains around 66,500, oscillating sideways. Regarding Ethereum, it bottomed out around 1,930 and recovered, then faced resistance around 1,960 after a rebound. It still remains in a high-level consolidation pattern.

In the morning, we entered short-term long positions around 65,800 during the pullback, and took profits near 66,600 on the second rebound, gaining 800 points. Simultaneously, we entered long positions at 1,930 and exited with a 30-point profit.

On the four-hour chart, after a weekend correction that broke below the 120-day moving average, a top-bottom reversal momentum has emerged. The weekend correction formed a downward pattern, and the second rebound requires attention to moving average resistance. Watch the support around 65,300 during the pullback; if the bottom support holds, the decline may see a technical rebound.

On the one-hour chart, the market is in a low-level consolidation within a downtrend, with higher highs and lower lows, indicating a bearish pattern. However, support during the pullback has faced resistance, with the second resistance around 66,800. The upward trend rebound has not yet peaked, and after a pullback, there is still potential for further rebounds.

Bitcoin can be bought around 65,500-66,000, targeting 67,500-68,200. Ethereum can be bought around 1,930-1,950, targeting near 2,030. $BTC $ETH