The general trend is bullish, but I won't chase longs today.
Overall, I still hold a bullish view.
The weekly structure remains intact, with the trend still moving upward.
But in the short term, the market has clearly entered a narrowing consolidation phase.
At this time, the last thing you want to do is chase after a green candle.
Because in today's market environment, there isn't much support for a direct, strong trend.
On one hand, the US stock market is closed, so external liquidity is relatively limited; on the other hand, CPI data has not yet been released, and the real variable that could shift market expectations is still ahead.
So I'm more inclined toward this judgment:
Today, it's better to let the market consolidate and recover first, wait for key levels to present opportunities, rather than jumping in to chase a rally.
With the market at high levels, the most important thing isn't to guess whether the next candle will go up or down, but to wait for the price to return to a comfortable zone and see if bulls can truly provide support.
If support holds, stick to the bullish trend.
If resistance is directly broken, then look for higher levels.
So today's strategy is simple:
Stay bullish in the bigger picture, but don't chase longs during the day—wait for a pullback and for support to be confirmed.
Intraday focus:
Bitcoin:
Around 79,500~79,000 ⬆️
Watch 80,500~81,000.
Ethereum:
Around 2,478~2,455 ⬆️
Looking up to 2,530~2,570.
If a breakout occurs, look for even higher levels.
In a consolidation market, it's not about who can guess right, but who has more patience.
The most comfortable trades are never about chasing prices, but waiting for the price to reach your planned levels.
