Monday's market rallyed, and the medium- to long-term long positions we provided on Sunday successfully reached their target levels. Recognizing the trend and trading accordingly makes operations not as difficult as imagined. Reviewing intraday action, Bitcoin maintained oscillation around 68,000 in early trading, with overall daytime showing minimal volatility. The lowest pullback touched 67,500 before rebounding to higher levels, with resistance near 69,000. As evening arrived, Trump stirred things up, causing a sharp surge, and the market briefly recovered above 71,000, currently pushing up to around 71,800 facing resistance, while the pair remains oscillating near 70,500. Ethereum moved in sync with Bitcoin, rebounding to recover the 2,200 level before pulling back under pressure, currently oscillating near 2,130. Our intraday trading plan identified key resistance early on, then at evening highs entered short positions in key zones. Bitcoin secured a total profit of 6,000 points intraday, while Ethereum secured 225 points profit intraday.
From the daily chart perspective, Bitcoin closed a large bullish candle today, completely engulfing the previous three days' bearish candles, with the market recovering near the oscillation zone for consolidation. Although the overall trend remains within an upward channel, the recent volume expansion driven by data has not resulted in significant recovery or surges, and the upper resistance remains under pressure. On indicators, MACD's fast and slow lines crossed again downward, while the KDJ indicator's three lines show signs of a golden cross, but based on the current consolidation, the market will further deplete bullish volume and develop a bearish pattern. Combining the 4-hour chart, the current five consecutive bullish candles show an upward structure, but the previous consolidation zone has not been further reclaimed, with frequent long upper shadows and candles unable to close above 71,000. Given the current market conditions, there is little bullish strength to speak of. The overall approach remains to look for short opportunities from the highs.
Bitcoin can be shorted at 70,500–71,000, targeting around 68,000. Ethereum can be shorted at 2,130–2,150, targeting around 2,000. #加密行情震荡 $BTC $ETH
