Bitcoin remains bullish today, with strong upward momentum. It oscillated above the $80k level overnight, surged to a new high of 81,278 in the current phase, and is now trading at 80,796. The 4-hour Bollinger Bands are opening upward, with prices firmly holding the middle band. The bulls have sufficient momentum, and the pullback support has not been broken, indicating strong buying strength.

Ethereum is moving in tandem with Bitcoin, trading at 2,371. Its trend is upward, resisting declines, with stronger anti-drop capability. Volatility is relatively low, and it is in a consolidation phase for a potential rebound.

Technically, Bitcoin’s highs and lows are continuously rising, maintaining a healthy bullish trend. The MACD red bars persist, and the KDJ indicator is at a high level with no dead cross, indicating strong overbought conditions and oscillation rather than trend reversal. Intraday pullbacks are quickly recovered, and bears lack the strength to push down. Capital is prioritizing pushing Bitcoin higher, and Ethereum’s subsequent rebound expectations are strong, making shorting highly unprofitable.

Trading Strategy

Bitcoin: Buy in batches at 79,500-80,000, targeting 81,500-82,000
Ethereum: Buy in batches at 2,350-2,360, targeting 2,400-2,430