Reviewing the intraday market, Bitcoin initially consolidated in the morning, then the bulls increased volume and continued to push higher, breaking new highs in stages, gradually surpassing 82,000-82,500, with a peak at 82,800 in the evening before facing resistance and pulling back. Currently, the price remains around 81,500, fluctuating and consolidating. Ethereum, despite a further breakthrough above 2,400, still faces resistance at the lower boundary of the previous upward channel, showing a weak consolidation pattern. Regarding intraday positioning, the strategy was to anticipate the top, with a bullish bias in the morning, then in the afternoon, preemptively set short positions above 82,000. Bitcoin's intraday setup involved two longs and one short, totaling about 2,500 points of space, while Ethereum's setup aligned with Bitcoin, capturing 125 points of profit.

From the market perspective, after successfully breaking through 80,000, Bitcoin's bullish trend continued, but on a shorter timeframe, clear signs of high-level stagnation and bullish-bearish divergence appeared. The market is likely to shift from a single-sided rally to high-volatility oscillation. The daily moving averages remain in a perfect bullish alignment, with MA120 rising to around 75,220, indicating no medium-term bearish reason. However, the 4-hour MACD histogram has started to contract, and the J value of the KDJ indicator has turned downward from a high of 94, suggesting short-term overbought conditions need to be digested. Currently, the main force is clearing out floating positions in the 82,000-82,800 range, also preparing for the next directional move. Notably, there are many large orders and inflows during dips, often placing large buy orders at low levels, which usually indicates accumulation rather than distribution, showing that the main players have built a strong defense zone around 80,600. As long as the 4-hour support at 80,600-80,800 holds without a solid breakdown, this remains a strong upward continuation pattern. After a shakeout, the price is likely to test 82,800 again, with a breakout targeting around 84,000. Conversely, if profit-taking causes a sharp drop below 80,600, a deep retracement to the 79,200 daily middle band should be watched for restoring indicators.

Currently, Bitcoin's support at 80,600-81,000 is critical; holding this level could lead to further continuation toward 83,000. Given the overbought condition, a light short position above 82,000 for quick dips is also feasible. The main trading approach remains to buy on dips. Ethereum remains relatively strong around 2,350, with a strategy to catch rebounds toward 2,400.