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Early Morning Thoughts
BTC 15-minute level has surged higher and pulled back, which is a strong oscillatory consolidation. Short-term profit-taking has been fully digested. The 71,100-71,200 zone shows strong support; the mid-term bullish trend remains intact with obvious buying support below. The current pullback is a healthy washout, and the market is expected to rebound and test the previous highs again.
Trading Suggestions
BTC: long at 71,000-70,500, target around 73,500
ETH: long at 2,100-2,050, target around 2,200