Reviewing the intraday market, Bitcoin sharply surged from a low of 78,247 in the morning to a high of around 80,590, then faced resistance at higher levels and pulled back until the afternoon. Due to U.S.-Iran tensions, the market dipped to a low of 78,128, then rebounded again to around 80,500. Currently, the market is fluctuating around the 80k level. Ethereum maintained a similar pattern, sharply rising from a morning low of 2,308 to 2,398, then pulling back to 2,369. In the evening, influenced again by U.S.-Iran tensions, it dropped to about 2,313, then rebounded until the U.S. stock market opened, pushing higher to around 2,380. The current price hovers near 2,360. Our bullish outlook for the day was perfectly executed: since early morning, we entered long positions on Bitcoin and Ethereum at 78,557 and 2,319 respectively, and exited at 79,146 and 2,365. Bitcoin gained over 600 points, and Ethereum gained 46 points. This morning, we re-entered long positions on Bitcoin and Ethereum at 78,832 and 2,322, exiting at 79,423 and 2,362, with nearly 600 points profit on Bitcoin and 40 points on Ethereum. The market again reached our long entry points, and we added new longs at 78,367 and 79,635, exiting at 79,546 and 80,232. Overall, Bitcoin's total profit was over 1,770 points. Throughout the day, our strategy included seven trades: five on Bitcoin and two on Ethereum, with Bitcoin capturing about 2,900 points and Ethereum over 80 points (small positions and short-term trades not included).



From the technical analysis, Bitcoin on the 4-hour chart shows a gradual rising trend at lows, but resistance at around 80,600 remains strong. Multiple attempts to break above have failed to stabilize, with a fast pace of short-term pullbacks. Selling pressure above continues to increase. Key support is at 78,000; if this support fails, the market is likely to shift from a sideways upward pattern to a downward correction. Ethereum also faces clear resistance at around 2,400, with repeated attempts to break through unsuccessful. The key support below is near 2,210. Overall, the trading approach is mainly to buy on dips and sell on rallies, gradually building short positions at key resistance levels, expecting a pullback towards support. If the market breaks through and stabilizes above resistance, stop-losses will be strictly enforced. The overall trading strategy remains to buy low and sell high.

Tuesday early morning, short Bitcoin near 80,500, targeting 78,000.

Tuesday early morning, short Ethereum near 2,370, targeting 2,300.
BTC1.37%
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