Review of Bitcoin's intraday oscillating upward trend. In the early morning, the price quickly rebounded after dropping to a low of 116690, reaching a peak of 119398 before a brief pullback; in the afternoon, the market found support near the 118307 support level and stabilized, and in the evening, it rose again to touch a high of 119361, fully demonstrating the "pullback—rebound—retest high" fluctuation structure throughout the day. Ethereum's movement remained highly correlated with Bitcoin, rebounding after stabilizing from a low of 4286 in the early morning, reaching a high of 4396 in the morning; in the afternoon, it successfully held at the 4366 support level as the market retraced, and in the evening, it synchronized to rebound to a high of 4416, maintaining a similar overall fluctuation rhythm as Bitcoin. In terms of operations, the strategy of buying low during the pullback in the morning achieved good results. Although Bitcoin gained more than 1100 points in a single day, it can only be said that trust is priceless!

From the current market structure, the medium-term upward trend on the four-hour level remains solid, with the MACD golden cross pattern continuing and consistently releasing upward momentum, providing technical support for the trend continuation. Currently, no clear turning signals have been observed, indicating that bulls still dominate. On the hourly level, there is a significant short-term profit pressure accumulated from the previous rapid breakthroughs, indicating a need for technical pullbacks and indicator adjustments, and it is expected that the market will mainly undergo oscillation and consolidation in the short term. If the price can stabilize above 119000 in the early morning, and the minute-level MACD maintains a golden cross state, then the market is likely to further test the 120000 integer level. If it loses the 118307 support, it may test the 117500–118000 range support. During the midnight phase, it is advised to focus on buying on dips after pullbacks as the main strategy.

Bitcoin's midnight trading focuses on the area around 118500, targeting 121000.

Ethereum's midnight trading focuses on the area around 4350, targeting 4500. #BTC重返12万 $BTC #美国政府停摆 $ETH