Yesterday morning, Bitcoin stabilized at a low of 65,607, relying on support to rebound and recover, gradually breaking through the 64,000 and 65,000 levels. During midday, easing of US-Iran negotiations brought positive news, market risk appetite increased, and new funds continued to enter, pushing the market higher. In the evening, the intraday high was refreshed at 67,255, with a low of 65,328. As of early this morning, the current price is 65,710. The 4-hour Bollinger middle band at 65,477 formed short-term support, and the price still remains above the middle band. Ethereum's performance yesterday was stronger than Bitcoin throughout the session. It stabilized after dipping to 1,757 in the morning, then continued to rise in the afternoon relying on the 4-hour Bollinger middle band at 1,740. It surged to a high of 1,848 in the evening, then retreated to 1,757 for support, and this morning slightly recovered to 1,793.



Yesterday, real trading positions were established with Bitcoin at 65,793, exiting at 66,900, gaining 1,107 points; with Kundan at 66,608, exiting at 66,109, gaining 499 points.
Bitcoin's current price is 65,710. After reaching the high of 67,255 yesterday, profit-taking caused a continuous decline, with the lowest touching 65,328. This morning, it slightly stabilized after a minor correction. The 4-hour Bollinger channel is overall upward, and the price firmly holds above the middle band at 65,477. The medium- to long-term upward trend remains intact. This pullback is just a technical adjustment after a strong rally, with some minor rebound momentum, but resistance is evident at the 1,848 high, making a full breakout difficult.
Ethereum's current price is 1,793. Its intraday trend is stronger than Bitcoin. After rising to 1,848, it retreated to stabilize at 1,757 support, with a slight rebound now. The 4-hour Bollinger middle band at 1,740 is the core support for this bullish cycle. The price continues to operate above the middle band, and the broader bottoming and rebound structure remains unchanged. Short-term indicators show minor recovery, but the overhead resistance at 1,848 is heavy, making a one-time breakthrough challenging.
The future trading strategy remains unchanged with a medium- to long-term bullish outlook. Short-term oscillations are somewhat weak. During rebounds, look for high short positions at resistance, and buy on dips at core support for re-entry. Bitcoin support is at 65,477, resistance at 66,417; Ethereum support at 1,740, resistance at 1,848. Wait for clearer signals before re-entering positions.
Wednesday morning trading plan:
Bitcoin around 65,100, targeting 67,000.
Ethereum around 1,760, targeting 1,850.
BTC-4.46%
ETH-5.09%
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