Reviewing Bitcoin's price action, after surging higher yesterday followed by a pullback, it has remained in a high-level consolidation phase, oscillating repeatedly around the 74,000 level. The long positions we established yesterday afternoon took profits after a minor rally, capturing only around 800 points. Primarily after the US market open, as price action started moving downward, we began preparing to take profits.



Current market sentiment is relatively stable, with everyone awaiting Federal Reserve policy expectations. However, from on-chain data, buying pressure is returning. From the 1-hour and 4-hour charts, although price has pulled back, some momentum indicators are showing early signs of bullish divergence—meaning price is making new lows while indicator lows are rising—which often signals waning downside momentum and an imminent bounce. The daily RSI is currently around 60, neither entering overbought territory nor significantly strong, indicating price still has room for further upside.

Trading recommendations: Bitcoin buy on 73,400-73,900, targeting 75,500. Ethereum buy on 2,280-2,315, targeting 2,380. #Gate广场AI测评官 $BTC
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