This is too exaggerated, the rebound strength is so strong! Bitcoin did not continue its decline after bottoming out at midnight and in the morning; instead, it reversed sharply, surging over 1,500 points in the afternoon, returning to 75,500. The market's magnitude is baffling, but it didn't last long. The rally failed to stabilize and quickly retraced, hovering around the 75,000 level. The pace remains as fast as ever, with no clear bullish or bearish trend in the short term. The tug-of-war continues, and we need to prepare for high sell and low buy positions to easily control the market.

From the overall structure, the four-hour chart shows a long upper shadow, indicating a strong rebound, but it failed to continue higher and break new highs. The bullish momentum appears to be gradually depleting. Currently, the lower band of the Bollinger Bands is gradually recovering upward, and the market is rebounding with the middle band as resistance. Therefore, the focus for the intraday rhythm is on whether the middle band can be broken: if the support at the middle band holds and breaks through, maintain a bullish outlook; if it fails to break, follow the trend accordingly.

Monday afternoon Bitcoin: buy in the 74,300-74,800 range, target 76,000

Monday afternoon Ethereum: buy in the 2,260-2,290 range, target 2,360

$BTC ‌#美伊冲突再起引发市场动荡