Bitcoin has shown strong rebound momentum in the 1-hour chart, with the price steadily climbing from a low position, gradually approaching the key resistance area above. Intraday trading has directly pumped from the bottom, quickly recovering losses and maintaining the rise; the go long strategy suggested multiple times during the session successfully captured several rounds of rebound profits. The current price is continuously consolidating sideways near the resistance level. Although there hasn't been a clear breakout, the selling pressure has gradually weakened after multiple tests, and market sentiment is leaning towards long positions accumulation. The overall trend is still in a rising channel, storing energy for the next stage of explosion.



During the midnight period, it is crucial to focus on the price breakthrough of the resistance level. From the chart observation, the current low-volume consolidation pattern shows that the bearish momentum is gradually weakening, while the buying support below remains solid. The market's focus is slowly shifting upwards, indicating that long positions still dominate. If the trading volume increases during the night, a breakthrough of the resistance level could open up new upward space, with the target possibly near the previous high. Even if there is a short-term pullback, the densely packed support area below will serve as a springboard for the bulls. In terms of operations, maintain a low long strategy and patiently wait for the breakthrough signal. If there is a pullback to key support, you can accumulate positions in batches, going with the trend. The trend has not changed, and the bullish outlook remains firm.

Short-term trading advice:
Bitcoin is going long around 82500, with a target focus above 84000; Ether is going long around 1550, with a target focus near 1610.
BTC-0,66%
ETH-1,14%
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