The intraday Bitcoin trading situation has finally reversed the earlier weak trend, starting from around 94000 and experiencing a steady upward movement to a peak of about 97600 in the evening, resulting in a long fluctuation of over 3000 points. In the afternoon, we publicly provided a low support strategy, optimistic about the continuation of the upward trend. The trading situation retraced and stretched in one go, and we acted without hesitation, closing both positions with a profit, totaling a gain of 2573 points from Bitcoin and 127 points from Ethereum.

From the hourly perspective, the Bollinger Bands are showing an upward trend, relying on the upper band for oscillation. There have been several attempts to break upwards, but none have been very successful, indicating strong resistance above and a need for consolidation in the short term. Looking at the four-hour level, the trading situation showed a strong upward stretch accompanied by minor downward retracements, moving very steadily. The MACD lines have crossed above the zero line and are running upward, with sufficient trading volume showing no signs of reduction. We will continue to maintain a low support strategy for trading during midnight.

Bitcoin: 96400~96800 support, looking up to 98500.

Ethereum: 3420~3440 support, looking up to 3550.