Morning Thoughts

Looking at the four-hour chart of Bitcoin, it previously formed a bullish engulfing pattern, with the price steadily rising. The overall bullish structure remains solid. The recent pullback is a normal correction after a rally and has not changed the dominant bullish pattern.

After consecutive gains, the market faces increased correction needs. The momentum of the bullish pattern has weakened, with the KDJ indicator converging from high levels downward. In the short term, there is still room for a pullback to gather strength.

Combined with easing tensions between the US and Iran, market sentiment is relatively warm. It is recommended to focus on retracements to buy the dip.
Trading Suggestions:
Buy around 67,300 for Bitcoin, target around 68,500
Buy around 2,100 for Ethereum, target around 2,150