Is the uptrend over? Are the bears about to take over? Absolutely not!



This pullback in Bitcoin and Ethereum after their recent surge is just a breather after gains, not a reversal downward, and definitely not a trend reversal. I'm still bullish going forward.

From a technical perspective:

- Bitcoin surged from 70256 to 75998, up over 8%, and now pulled back to 74300. The key moving averages haven't been broken, showing the bulls are still in control—it's just profit-taking and some cleanup.

- Ethereum rallied from 2060 to 2385, up 15%, and is now retracing to 2309. Support remains strong, and the structure is intact.

Volume remains healthy:

During the pullback, there was no panic selling volume spike, indicating minimal selling pressure and no capitulation. Capital is waiting for better entry points.

The macro environment is supportive:

The Federal Reserve has rate cut expectations, meaning more liquidity ahead—major bullish for crypto.
Bitcoin ETFs keep attracting inflows with institutional money flowing in; Ethereum's ecosystem and upgrades continue to drive value.
Traditional markets are unstable, pushing more capital into crypto, lifting major coins further.

Bottom line: Use pullbacks as buying opportunities, don't get shaken out.

As long as we don't break below:

- Bitcoin: 72100
- Ethereum: 2190

The uptrend remains intact.

Halving, institutional inflows, and upgrade catalysts are far from exhausted—plenty of upside ahead.

Trading Recommendations

- BTC: Buy 73200–73700, target 74800, if broken target 75800–76300, stop loss 72180
- ETH: Buy 2225–2250, target 2320, if broken target 2390–2420, stop loss 2190

Summary:

This is just a tired consolidation after rallying, not a shift to bearish.
Stay bullish on Bitcoin and Ethereum, build positions on pullbacks, and wait patiently for the next wave up.
BTC0.79%
ETH2.35%
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