The intraday market continues the trend from the past two days—first probing for the bottom and stabilizing, then rebounding in line with the momentum. Longs were entered precisely in the morning, steadily capturing a profit of 900 points. When the market surged and then pulled back, positions were switched to shorts in time during the session, again netting a 1,000-point gain. With flexible thinking and going with the trend, profitability is this simple. Market volatility keeps swinging back and forth, and overall it remains in a range-bound consolidation. In a choppy, ranging market, the worst thing is to stubbornly stick to a single direction. Only by knowing when to take profits can you keep earning steadily; holding onto a direction and refusing to move just leads to standing still and missing the timing.

The daily chart’s bullish structure is clear, with three consecutive bullish sessions steadily pushing higher. After the consecutive rally, it enters a normal consolidation/repair phase. Price is trading near the upper band of the Bollinger Bands and has not broken away from the technical framework. In the short term, there won’t be a deep sell-off pullback; it will more likely digest the profit-taking through sideways consolidation, using time to gain space. The current consolidation is merely a pause during the uptrend—not a trend reversal. A true change in trend would be either a long period of sideways grinding to form a base, or a high-volume bearish breakdown. At present, the chart shows no signals of a trend reversal. Tonight, continue to treat it as ranging—don’t chase one-sided moves. You can rely on the support and resistance within the range to buy low and sell high.

For the evening’s Bitcoin trade plan: long from 81000-80500, with a direct target of 82500. For Ethereum, long from 2330-2300, with a direct target of 2380.