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The evening market continues to volume upward, with Bitcoin approaching the downward trend line and encountering some resistance. Ethereum maintains a continuous rebound structure, currently with bullish volume pushing above the 2300 level. We entered short positions on Friday evening with a breakout above 2280, taking a quick loss and exiting; currently, we hold long positions expecting further upward movement.
In the current pattern, after a strong upward structure over the weekend, Bitcoin's rebound volume is still hindered near the major trend line, and the market cannot extend the bullish trend further, with potential for a pullback. Key levels to watch above are 73,800-74,500, with support at 72,500 for a pullback to the bottom support structure, and whether a drop below 72,000 will turn the trend into a bearish phase.
Ethereum, on the other hand, showed a rebound pattern over the weekend. Currently, in the bullish recovery phase, attention remains on the 2330, 2350, and 2400 levels. If the market pulls back and breaks below 2280, the trend will shift into a phase of correction, with key supports at 2280 and 2220.