The morning price slightly surged to a high of 75,232 before entering a volatile downward pattern.
In the evening, U.S. stocks opened higher, and the market once again spiked to 73,256 before stopping the rebound.
The overall movement of the second coin (ETH) closely follows that of the main coin (BTC), with the morning price starting to decline from the high of 2368.
In the evening, the U.S. session saw Bitcoin and Ethereum both sharply decline, reaching their lows, with Bitcoin hitting a bottom at 2282 before rebounding and recovering.
The intraday layout of Jingquan team is as follows:
First, in the morning, they set up long positions on Bitcoin and Ethereum, with Bitcoin gaining about 300 points in the early session, while Ethereum exited at break-even.
Simultaneously, they reversed to establish swing shorts, closing all long positions on Bitcoin and Ethereum.
Bitcoin gained 1000 points, and Ethereum gained 48 points.
In the evening, they re-entered short positions on Bitcoin, capturing about 600 points in the short term.
Small positions and short-term trades are not included in the statistics!
From the current market perspective, the daily chart turning bearish and pulling back is a healthy consolidation during the upward process.
High-level consolidation is for gathering strength to break through, not a sign of weakening bulls.
During the pullback, long lower shadows appeared, with lows gradually rising, and bullish support becoming more stable.
The main force’s consolidation intention is very clear.
The midline of the daily chart is the core defensive line for the bulls; swing long positions can be confidently held.
Although the four-hour level dipped below the midline tonight, it quickly recovered afterward, with long lower shadows and stabilization, confirming that the bullish trend remains unchanged.
The long-term upward structure remains intact, and this pullback is a good opportunity to enter.
The early morning trading idea is clear: buy on pullback, hold in trend.
Friday early morning Bitcoin: buy near 74,000, target 75,500.
Friday early morning Ethereum: buy near 2,300, target 2,370.
$BTC #Allbirds转型AI $ETH #美伊局势和谈与增兵博弈