Today's intraday movement is about to conclude. This morning's price continued the strong upward trend from yesterday evening, aggressively testing previous highs before consolidating around that level. As the US market stimulus gradually diminishes, the current trading range continues to contract. Reviewing the intraday performance, we decisively followed the trend and entered long positions on Bitcoin this morning. Our intraday swing longs have gained a total of 3,224 points, while Ethereum longs have accumulated 165 points. Our strategy has always been communicated in advance. Trading is never about chasing highs or panicking to sell; it’s about planning ahead, waiting patiently, and executing strictly. Instead of getting caught up in conflicting expectations about the market, it’s better to stick to your rhythm and principles, steadily accumulating. When the direction is correct, every step counts.

On the daily chart, Bitcoin has rebounded strongly with an eight-day winning streak after testing the lower band support, and the price has surged upward, breaking recent highs. In the short term, there is a trend and momentum to break through the triangle consolidation zone. From the current trend perspective, Bitcoin is likely to use this upward momentum to break through the previous range of consolidation, leading to a significant rebound on a larger scale. On the four-hour chart, the price has again formed a five-day winning streak with a strong rally, breaking recent highs and creating overbought conditions. The bullish momentum continues to strengthen, with Bollinger Bands expanding rapidly upward. Therefore, there is further room and trend momentum for the price to rise. We remain bullish and suggest that pullbacks can be used as entry points for long positions.

Bitcoin: Long positions around 73,000, watch near 74,500. Ethereum: Long around 2,250, watch near 2,320. #加密市场上涨