Morning Outlook

The daily chart shows a large bullish candle that engulfs the previous three days' bearish candles, returning to the consolidation zone. The overall trend remains upward, but the volume-driven surge is weak, and there is clear resistance overhead. The 4-hour chart rebounded from the bottom to the upper band but faced resistance, with bullish momentum slowing down. It is likely to pull back and consolidate before moving higher; in the short term, the market is biased toward sideways movement.

Trading Recommendations
Bitcoin: Enter long positions within the 69,500-70,500 range, with a target near 72,000
Ethereum: Enter long positions within the 2,120-2,100 range, with a target around 2,180