The market in the early morning is continuing the upward exploration of the white session with a pullback. Bitcoin's price briefly surged to around 71,700 before facing resistance and pulling back. Throughout the early morning, the structure has mainly been a correction. The lowest point was again around 69,300 before finding support. There is now a certain chance of recovery, and currently, the price remains oscillating around 70,000. Ethereum's movement has been under pressure around 2080, with the early morning correction stopping near 2020.

Looking at the current chart, the long upper shadow after a surge on the daily chart indicates clear resistance above. A healthy market often experiences a pullback after reaching new highs, while the candlestick continues to show bullish momentum with upward exploration. The key focus for the near future is whether it can hold above the 70,000 level.

From the four-hour chart perspective, after a series of upward moves, the trend turned into a correction with a downward adjustment. The second test of support has brought the price down to around 69,300, which appears to be a retest of the dense trading zone support structure. Last night, the US stock market opened with a pullback and tested lower, and early this morning, there was a second test. In the short term, this signals a potential bottoming pattern, and the market may continue to push higher.

In terms of trading strategy, continue to adopt a bullish outlook in the early session, riding the trend.

Bitcoin can be bought around 69,300-69,500, targeting near 72,000. Ethereum can be bought around 2000-2025, targeting near 2080. $BTC $ETH