Big Bitcoin overall showed a "bottom-probing rebound, shock upward" trend today. After opening near 68,800 in the early morning, prices consolidated slightly, then gradually rose, accelerated upward in the afternoon, touched a high of 71,999 in the evening, approaching the 72,000 level, then faced pressure and fell back, with the evening low retesting around 70,500. Currently closing with a slight pullback to around 71,288 for consolidation. Ethereum moved in sync with Bitcoin today, with the highest recovery near 2,200 facing resistance, and the evening retest settling at around 2,150. We deployed quite a few intraday short-term positions, with modest profits not included in the official statistics. We placed two positions on Bitcoin today—an afternoon short was trapped, we added positions at the rebound high and key resistance levels mentioned intraday to raise the average cost, then exited profitably at the evening retest, with two short positions totaling 2,200 points captured. Ethereum captured 75 points in total.



From the current market view, the daily chart rebound structure is currently consolidating near the midline, with two consecutive days showing no solid candle bodies, maintaining exploratory consolidation within the key resistance zone. Both upside and downside volume show shrinkage, indicating strong consolidation intent, and the market is currently in a phase of testing the strength between bulls and bears. After continuous probing on the 4-hour level, it failed to form a strong continuation, showing that upward resistance remains evident, especially near previous highs where buying support is weakening. While short-term momentum hasn't fully weakened, the pace of further upside expansion has slowed, and the subsequent strategy remains focused on shorting at high levels after rebound resistance. Intraday rebounds to high areas present good entry opportunities.

Bitcoin can be shorted at 71,000-71,500, targeting around 70,000. Ethereum can be shorted at 2,160-2,180, targeting around 2,100. #加密市场回涨 $BTC $ETH
BTC1,95%
ETH2,18%
View Original
post-image
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin