Yesterday, Bitcoin faced downward pressure and fell to around 74,800. In the early morning, it launched a strong rebound, reaching a high of about 78,500 at midday. Our previous market forecast perfectly matched the actual trend. Bitcoin successfully gained a 4,000-point rebound space, while Ethereum also gained 120 points simultaneously!

From the current market situation, the bulls continued to exert effort in the early trading session, with prices steadily rising. Multiple tests of the middle band quickly stabilized and recovered, firmly breaking above the upper Bollinger Band and continuously breaking through resistance. The Bollinger Bands are opening upward, maintaining a healthy bullish structure. No signs of significant pullback or breakdown were observed during the session. The upward momentum is strong, and the market rhythm is entirely dominated by the bulls. The overall bullish pattern has been established, with a clear and obvious uptrend, and the trend-based rally has officially begun. The market is likely to continue its strong bullish trend, with further upward space opening up. Short-term minor pullbacks are excellent opportunities to add long positions in line with the trend. Therefore, future operations should mainly focus on buying on dips.

Operation Suggestions:
Bitcoin retraces to around 77,300-76,800, buy in, with targets around 79,000-80,000.
Ethereum retraces to around 2,360-2,330, buy in, with targets around 2,480-2,550.