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From a comprehensive technical perspective, the market remains in a strong bullish primary upward cycle, with the current rally initially continuing to rise, and the bullish trend foundation remains solid.
This recent pullback after the surge is merely a normal technical correction during an upward trend, aimed at shaking out short-term traders, clearing out floating positions, and building strength for the next move. The short-term decline will not reverse the overall upward pattern.
In a bullish trend, pullbacks are opportunities. Every time the price tests key support levels and stabilizes to form a bottom, it presents an excellent entry point for following the trend.
BTC retraced around 80,600-80,000, with potential to rise to 81,600-83,000.
ETH retraced around 2,320-2,280, with potential to rise to 2,360-2,450.