Intraday Bitcoin price movements are highly volatile, initially driven by early bullish momentum, pushing above 68,300 but facing resistance and pulling back, then oscillating downward; in the afternoon, it briefly touched 66,000 before stabilizing and rebounding, currently trading around 67,000 with sideways consolidation. Our two recent trading positions both successfully hit take-profit targets, netting a total of 3,292 points on Bitcoin and 119 points on Ethereum; later tonight, we will continue to follow trading ideas, with our current position at 67,200 still held, patiently awaiting further market developments.

From the current technical outlook, Bitcoin remains in a consolidation phase with narrowing trading ranges, diminishing rebound momentum, and increased retracement strength. Although the daily chart shows two small bullish candles, their bodies are weak with long upper shadows, indicating clear resistance at the EMA7 line. Additionally, the previous ascending wedge pattern has broken down, confirming a generally weak market structure. On the four-hour chart, the market remains in a narrow range, slightly shifted upward compared to the weekend, but no effective upward breakout has occurred, and the overall trend remains within a downward wave pattern. On the hourly chart, after an upward attempt tonight, the price quickly retreated, with fast and slow lines oscillating around zero, and the market remains in a tug-of-war without clear strong volume signals. We expect the market to continue oscillating between 66,000 and 68,000 during midnight, so our trading strategy remains unchanged, focusing on opportunistic positions.

Bitcoin: Position at around 67,500, with a target down to 65,800.
Ethereum: Position at around 2,080, with a target down to 2,000. $BTC #BTC能否守住6.5万美元？