One word from the King of Wisdom: short sellers are collectively facing a funeral! Trump officially announces a ceasefire, and BTC/ETH enters a violent rally mode!

Today’s crypto market shows a high-level range-bound pattern. BTC repeatedly oscillates near the $72,000 level, with fierce battles between bulls and bears; ETH’s trend is relatively steady, and the center of the consolidation is gradually moving upward.

BTC Price Action Analysis

BTC is in a strong consolidation phase. In the short term, watch how the $72,000 area stabilizes; if it can hold, upward space will open further.

• Resistance levels: 73,000 / 73,500
• Support points (strong support): 71,200 / 70,500
• Trade idea: If price retraces, consider scaling into long positions in the 71,300 - 71,500 range. Set the stop-loss at 70,400, and look for targets above 73,000.

ETH Price Action Analysis

ETH tracks the broader market but shows stronger potential for a catch-up rally. Currently it’s fluctuating narrowly around 2,250, and the technical structure remains constructive.

• Resistance levels: 2,310 / 2,360
• Support points (strong support): 2,230 / 2,200
• Trade idea: You can place small long positions around 2,235 - 2,245. Set the stop-loss at 2,190, with a short-term target of 2,300.

Summary: Overall trend is bullish, but be mindful of the risk of sudden spikes and wicks—manage your position size and don’t chase after a surge.