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Early birds catch worms; seize the opportunity in such a market, and there's no need to worry about flipping your position.
The early trading session still showed a strong upward surge, with Bitcoin rebounding after bottoming out at dawn and testing the 74,800 support level, then bouncing back.
Overall, the market saw bullish volume increase and regain ground, with the highest rise reaching around 77,700 but facing some resistance.
The overall trend remains strong.
Ethereum followed the same pattern as Bitcoin, bottoming out at 2,280 in the early hours and then rebounding sharply.
After oscillating upward in the early session, it experienced increased volume and upward momentum, with the current high reaching around 2,380 but facing pressure.
In the intraday real trading, Bitcoin was bought around 75,300 with long positions, and after rising near 77,000, profits of 1,600 points were taken.
Ethereum was bought around 2,300, and when Bitcoin exited the position, a profit of 40 points was secured.
Strength is demonstrated not by boasting but by proactive positioning and market insight.
Looking at the current market, the daily chart continues its strong upward trend with three consecutive bullish days.
The price has again broken above the 120-day moving average, which was an important resistance level previously discussed.
During the white session, the price surged above 77,000, leaving an unfilled gap.
There is still room for a pullback to fill the gap, after which the moving averages will act as resistance.
At this stage, the recent surge cannot confirm the continuation of a larger cycle.
On the four-hour small cycle chart, as the rally continues, the price reached a high of 77,700, which is the previous resistance and the line where the candle closed after the surge.
Currently, the bullish momentum is obvious, and indicators show no excessive divergence.
The KDJ indicator is turning upward with a golden cross, indicating that the bulls may not have full control, but the white session is expected to form a new high-level consolidation zone.
The short-term resistance levels are 77,000 and 76,500; whether these can form the current consolidation range remains to be seen.
The trading strategy is to hold light short positions.
Bitcoin can be shorted in the 77,400-77,700 range, targeting around 75,000, with a short-term focus on 76,500.
Ethereum can be lightly shorted around 2,365-2,380, targeting around 2,330.