The intraday Bitcoin rhythm isn't very fast, but it's steady enough, a classic oscillating upward trend. After testing and stabilizing above the 76,000 level in the morning, it maintained an upward trend all day, reaching a high of around 77,900 in the evening, with nearly 2,000 points gained in a single day, showing strong momentum. Ethereum moved in sync, retracing to around 2,160 and then continuing to correct, with a rebound to about 2,130 facing resistance in the evening. Our intraday short positions are still held; I’ve repeatedly told everyone— as long as the market's rebound doesn’t break through the 78,000 level, it remains a consolidation within a range, so there's no rush to chase longs. Regarding real trading, we caught a rebound in the morning, pocketing 600 points on Bitcoin, and a long position on Ethereum gained 40 points, with a comfortable rhythm.

The daily chart closed with consecutive bullish candles, showing some bullish volume, but the price hasn't further tested or broken through the previous key resistance during the rebound. The short-term bottom forms a V-shaped structure that is still ongoing, but overall, it remains within the 23.6% to 38.2% Fibonacci retracement zone of the stage rally. A breakout above this zone is needed to see higher levels; otherwise, it will continue to fluctuate within the range. The key resistance zone above is the gap left at the open last week near 79,000; without reaching this level, the bulls cannot be considered to have reversed. On the four-hour chart, after a morning consolidation, an upward structure emerged, and now it has rebounded again to the previous critical resistance, facing obvious short-term resistance. A quick glance at the indicators shows signs of overbought in the rebound phase, making further upward continuation unlikely. The bulls need to see a correction first to generate enough momentum for a further rebound to fill the 79,000 gap. The overall trend remains bearish, and even if there’s a sharp short-term bounce, don’t get overly optimistic. Continue to maintain a high shorting stance.

The Bitcoin resistance zone around 77,700-78,000 is a short position target, aiming for around 76,500. Ethereum short positions are set around 2,140-2,150, with a target near 2,080. #美伊协议草案 $BTC ‌$ETH ‌