# Morning Analysis



Bitcoin has shown a step-by-step consolidation pattern throughout the week. After a strong rally on Sunday that broke away from the bottom area, the price did not experience significant pullback. Instead, it corrected through time consolidation, oscillating repeatedly within the 68000-72000 box range throughout the week, completing technical repair.

From the 1-hour short-term level, after price tested the lower band under pressure, the downside momentum weakened noticeably, followed by a quick rebound back to near the midline. The pullback lows are continuously rising, indicating that buying support below remains strong and bears are unable to open downside space, showing a typical pullback accumulation pattern.

## Operation Suggestions

Bitcoin: Set long positions around 70500-71000, target 72500-73000 nearby

Ethereum: Set long positions around 2070-2090, target 2230-2250 nearby
BTC2,62%
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