The overall intraday trend of Bitcoin and Ethereum shows a typical "deep retracement followed by trend recovery" pattern. In the morning session, due to short-term selling pressure, there was a dip with Bitcoin touching around 65,500, while Ethereum retreated to around 1906 to complete a phase bottom. Subsequently, the market quickly recovered the decline and re-established above the Bollinger middle band, with market sentiment gradually improving. After entering the daytime trading session, bullish momentum continued to release, and the market structure began to rise step by step. Bitcoin repeatedly confirmed support around the 67,000 area and kept pushing upward, reaching a high of about 69,400 in the evening; Ethereum moved in a similar oscillating upward rhythm, with a high touching around 2033. Observant friends can see that all the strategies I provided today are centered around long positions at low levels, aligning with the market structure's rhythm. Multiple entries and positions were smoothly entered during retracements and were all profitably realized. The overall layout remains highly consistent with the market trend.



From the current market perspective, Bitcoin's short-term Bollinger Bands are continuously widening upward, with the price steadily operating above the middle band. Moving averages are arranged in a bullish configuration, indicating that the short-term trend is still dominated by bulls. The 70,000 level acts as a phased resistance, but support below has risen to the 68,500–68,000 area. This zone also coincides with the resonance point of short-term moving averages and previous high-volume trading zones. Once a retracement stabilizes, the market may continue to test the 70,000 level. Ethereum's movement remains highly correlated with Bitcoin, with short-term resistance around 2030, but support is clearly seen at the 2000–1990 area. The Bollinger middle band continues to move upward, providing a solid support level. Based on the overall structure, trend slope, and momentum indicators, the current market is still in a phase of correction and accumulation within an upward trend. The subsequent trading strategy mainly suggests following the trend and going long on dips.

Bitcoin focus: consider long positions on retracements around 68,500–68,000, aiming for a breakout above 70,000.

Ethereum relies on low buys near 2010–2025, aiming for 2080–2100.
BTC4.03%
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