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From a short-term perspective on Bitcoin and Ethereum, the market remains in a phase of oscillation and consolidation. Observing the overall candlestick patterns, the current sideways movement is a technical correction following a rapid price surge. The price continues to fluctuate around the middle band of the Bollinger Bands, which are gradually narrowing.
The evening US session will be a key point for the next directional decision. Once the consolidation and buildup are complete, an upward trend is expected to continue further. Returning above 70,000 in the near future is just a matter of time.
Buy Bitcoin around 67,700, targeting approximately 69,000.
Buy Ethereum around 2,020, targeting approximately 2,150.