The intraday market movement clearly shows that in the early morning, Bitcoin initially tested the bottom around 66,666 and then recovered from the decline. Subsequently, the market entered a consolidation and upward correction phase, reaching near 69,288 in the afternoon. Although it failed to break through and stabilize at a high level immediately, the pullback remained limited. In the evening, the market maintained a high-range consolidation, repeatedly fluctuating. Ethereum also moved upward from around 2052, with the highest point reaching 2167. The daily lows kept rising, indicating a generally strong trend.
Based on the overall intraday rhythm, during the midnight live session, the strategy was to establish short positions at high levels. Judging by the structure at that time, the resistance still held. However, as the market showed a strong rebound afterward, the short positions were promptly closed according to risk control principles, preventing emotional influence on execution. After confirming that the short-term trend was turning stronger, the approach was adjusted accordingly, and long positions were added at lower levels, regaining the initiative.
What I want to say is that the market never moves exactly as preset. The real importance is not always being right about every direction but being able to correct quickly when mistakes happen and re-enter the trend confidently when it truly unfolds. This is the core skill in trading. Ultimately, trading is about competing not just with wins and losses at a single point but about maintaining the rhythm amid fluctuations and sticking to the right overall direction.
Looking at the current market structure, Bitcoin’s intraday high of 69,288 has formed a short-term resistance zone. However, the key level to watch is the 70,000 mark, which is not only a dense trading area from previous activity but also a critical emotional threshold. If volume continues to increase and the price stabilizes above 70,000, there is potential to extend further toward 70,500–71,000. On the downside, the focus is on the 68,000 support zone, which is the core area confirmed after repeated tests. As long as it does not break below this level, the overall structure remains inclined to high-level consolidation and further upward movement.
For Ethereum, the key resistance is around 2180–2200. If this area is broken, the upside space could open further. The critical support is near 2100. As long as the price stays above this level, the overall trend remains within a strong consolidation phase.
Current trading strategy can rely on dips to go long, avoiding blindly chasing highs but also not easily reversing to short positions, which aligns better with the current overall trend structure.
