The intra-day market has once again completed its cycle. Bitcoin tested the high point around 105,000 in the morning and faced pressure, with the day session fluctuating back down to around the low point of 102,800. In the afternoon, it rebounded from the bottom, rising again to around the high point of 104,300, but did not extend further. In the evening, US stocks opened and fell again to around the low point of 102,700. Ethereum also faced pressure at the intra-day high of 2,724, gradually declining to around the low point of 2,557, almost completely reversing the gains of the past two days. The market has repeatedly formed a wide range of fluctuations. Therefore, the intra-day strategy for Feige is to take both long and short positions briefly. In the morning, a long position was established around 103,300, which was lifted to around 104,700 before exiting, yielding a gain of 1,400 points. Subsequently, the market stabilized but failed to break through, leading to another high short position, exiting at 103,500, with another gain of 1,200 points. In the afternoon, a bullish outlook was given, and another long position was established around 103,000, which rose to around 103,800 before exiting, yielding another 800 points. I can only say that this pattern is quite manageable; simply operate around the high and low points of the range, step by step, and you'll take off.
Bitcoin remains in a high-level contraction on the daily chart, and after a technical correction, it has risen again. The upper resistance has been tested several times. Due to recent news developments, the bullish momentum has not yet been fully released. A new upward node may emerge in the short term. The four-hour chart shows price testing the highs and then retreating, giving a slight pullback before continuing to rise to the upper resistance level. The entire downward movement lacks continuity, and currently, the moving averages are running horizontally, so short-term rebound structures should guard against pullbacks caused by news. In the evening, attention should still be paid to signs of a breakthrough at the positions of 105,000-102,500, and short-term responses can be flexible.
In the evening, Bitcoin can be bought near 103,000, aiming for around 104,500, while Ethereum can be bought near 2,570, aiming for around 2,670.