The daily white chart still shows a range-bound consolidation overall. After testing the 75,500 level with a pullback, the market rebounded and surged higher. In the afternoon, after another pullback, it mostly continued to operate within a momentum structure of a rebound. Currently, it has again broken above the 76,000 level. Yesterday, at a high level, it was still under pressure around 76,500, which is not the key point. Continue to watch whether it can break through the support structure of 76,500. Ethereum's movement is basically consistent with Bitcoin's, but in terms of volume, Ethereum has not further extended upward. It surged to around 2,325 before facing resistance and falling back. Currently, it remains oscillating around 2,320.

From a futures perspective, analyzing the current market, there are still three gaps in the overall pattern: one above near 77,000, and two below at 69,700 and 67,100. To recover such a structure, attention should be paid to whether news can further boost market sentiment to fill the gaps. The market may first retrace to fill the 77,000 gap after a pullback, then decline again. Otherwise, if it pushes higher and stabilizes above 77,000, the bulls will still dominate, maintaining a rally structure, and the target could extend to 80,000.

For now, the approach remains cautiously bearish. Although the market is currently in a short-term rally without breaking recent highs, the ceasefire between the US and Iran is also about to end tomorrow. Such a market with strong bullish momentum is unlikely to continue for long. Operation-wise, consider lightly shorting near 76,500, with a look back around 73,800. Short around 2,330 near Ethereum, with targets at 2,280–2,250. For long-term positions, lightly short near 77,000, and consider adding on dips above 80,000. The confirmed support targets are 70,000 and 67,000.