Bitcoin's bottom was tested today and stabilized, then it oscillated and surged, with bullish momentum continuously releasing. The price rose from lows to around 62,200, maintaining a strong upward trend in the short term. Yesterday afternoon, we provided an early short strategy in the 60,700 range, entering the market at 61,100, and taking partial profits at 60,600, netting nearly 500 points. Later that night, as Bitcoin's bullish momentum strengthened, we again positioned long at 60,700, and exited in the afternoon at 62,100, capturing over 1,400 points, with overall profits close to 20k USD, perfectly achieving both long and short gains. The market changes rapidly, but our strategies are always pre-positioned, and our direction has never deviated. Opportunities always favor those who are prepared; not everyone can hold positions steadily, keep pace, or adjust their direction. To consistently profit in the market, you must monitor the charts in real-time, follow the trend closely, and dedicate more focus and effort than others. After all, there’s no such thing as waking up and winning effortlessly unless you’re on a reliable ride. From the current technical structure, since Bitcoin stabilized above 60,300, it has broken out of the previous narrow-range consolidation pattern and entered a clear bullish trend. The price initially rose slowly with small candles, digesting previous selling pressure, then a full-bodied large bullish candle broke through key resistance with volume, officially signaling the start of a bullish market. Although there were brief retracements with some bearish candles, the lows kept rising, and the highs kept moving higher. Each dip was quickly supported by buying, without breaking the midpoint of the large bullish candle, forming a typical upward channel structure. The moving averages are aligned in a bullish formation, with the price always above the short-term averages. The support levels move upward with the trend. This main upward wave was accompanied by significant volume, indicating strong market participation and continuation of upward momentum. In the afternoon, I suggest a bullish outlook. In the afternoon, I recommend watching Bitcoin around 61,800-61,300 for a bullish move, targeting near 63,300. For Ethereum, look at 1,590-1,570 for a long position, with a target near 1,660.

#ETH Take off

Bitcoin's current price is around 60,685, with the intraday low reaching 59,451 and the high touching 60,692. Overall, the intraday volatility isn't particularly large. Currently, it's in a slight pullback phase, with net capital inflow also leaning towards outflow. In the short term, selling pressure still exists. From last night until now, the overall movement has been a sideways, slightly weak rhythm, initially moving down from around 61,000, with the lowest point around 60,350. Then there was a small rebound, but it couldn't break through 60,900 and was pushed back down. Now, the price has returned to oscillate between 60,600 and 60,700. The middle band of the Bollinger Bands is near 60,871, the upper band at 61,400, and the lower band at 60,340. The current price is below the middle band, indicating a short-term bearish trend. The 60,871 level is the first key resistance for a potential rebound. If the price is to go higher, it must first break through and stabilize above this level. The Bollinger Bands are not showing a significant widening, suggesting the market is still in a range-bound consolidation and hasn't entered a trending phase. Currently, Bitcoin is oscillating between 60,340 and 61,030, with the direction still unclear. The next step depends on whether the price can break through resistance or fall below support to establish a new trend. Bitcoin: around 61,000, target: 60,000 Ethereum: around 1,580, target: 1,500