Reviewing the intraday market, Bitcoin has generally moved in a volatile upward trend, pushing higher and consolidating. After opening in the early morning, the price steadily rose from around 67,000, breaking through the 67,500 level in the morning, continuing its strength in the afternoon, reaching a high of approximately 68,377, then slightly pulling back. The lowest point of the day was around 66,000 before finding support. As of now, the market remains above 67,600, consolidating near the close. The entire day shows a pattern of oscillating upward, with steady gains from morning to noon, a slight pullback after reaching the high in the evening, but overall still staying above 67,600. Ethereum's movement is largely consistent with Bitcoin, rebounding to around 2,090 before facing resistance, then pulling back. The lowest point was around 2,010 before recovering again. Currently, it has recovered to around 2,090 and is consolidating. For our actual trading positions today, we took two short positions and one long position on Bitcoin, gaining 3,650 points, and on Ethereum, a total gain of 138 points.



Looking at the daily chart, after four consecutive bearish candles, there was a recovery with two bullish candles. Today marks the close of the monthly candle. Although the price has recovered to around 68,000, it has not yet stabilized firmly. The overall candlestick shows long upper shadows, indicating that the bulls, despite increased volume, are still facing resistance. The bulls are still in a shrinking phase, and the bears dominate. The KDJ indicator shows a golden cross at low levels and is diverging upward, suggesting that the downward momentum on the daily chart is weakening. However, the overall trend remains downward, with 68,000 as a key resistance level. Combining the four-hour chart, the current rebound is within a downtrend, with the 68,000-69,000 zone acting as a significant resistance from the previous decline, also near the upper band of the Bollinger Bands. When the price reaches this area, it faces pressure, indicating that selling pressure still exists above.

In terms of trading strategy, focus on whether the 68,000 level can be further stabilized and closed above. If it can, the market may shift to a bullish pattern, targeting 69,500. If it cannot hold, continue to watch the 66,000-68,000 range. Ethereum has further recovered above 2,100; the strategy could consider long positions, with attention to around 2,150. #加密市场普遍上涨 $BTC $ETH
BTC0,14%
ETH1,46%
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