Review of intraday market movements, the price early in the morning was around 79,428, pulling back to 78,235 before rebounding and stretching, also breaking through the 80,000 level, reaching a high of around 80,590. Later in the afternoon, the Ethereum conflict caused a decline, with the price pulling back to around 78,128, and again in the evening, it stretched back up to 80,528! Ethereum's trend is similar to Bitcoin, with a low pullback to 2,308 today, then rebounding to a high of around 2,398. In the afternoon, it pulled back again to 2,313, and in the evening, it stretched to 2,382.


Today, four Bitcoin trades were set up:
Enter short at 79,122, exit at 78,266, gaining 857 points.
Enter short at 80,544, exit at 79,515, gaining 1,029 points.
Enter short at 79,840, exit at 78,267, gaining 1,573 points.
Enter long at 78,615, exit at 80,322, gaining 1,707 points.
For Ethereum, two trades were set up:
Enter short at 2,353, exit at 2,310, gaining 43 points.
Enter short at 2,396, exit at 2,351, gaining 45 points.

Tonight, watch whether the rebound can close above 8,050 on the 4-hour chart. Closing above indicates the decline has ended, and the market will continue upward, possibly reaching the 82,000-81,000 resistance zone for short positions; if it doesn't close above, it suggests the rebound is weak, with the first support at 78,000. As long as the first support isn't broken, the bullish trend remains, and small rebounds may occur; if it falls below, the daily chart will start a correction, and long positions can be considered at the support level of 86,500.

Tonight, focus on whether the rebound stays above 2,380. If it closes above or below, the move ends. Watch the resistance zone at 2,420-2,460. If it doesn't break through, keep an eye on the support at 2,300. If it doesn't break, small rebounds are still possible. If it falls below, try longs at 2,260-2,280.
ETH1.63%
BTC2.47%
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