BTC disregards local conflicts and continues to attract capital against the trend, resulting in a strong rally. ETH's gains lead the way, and the AI sector takes the lead! The market continues to show resilience, with bulls gradually increasing volume. Users and capital are successively returning. With the Federal Reserve rate decision approaching, stability remains essential!
Yesterday morning during the Asian trading session, ETH broke through the 2225 level directly and has now gained over 100 dollars, consolidating around 2345. BTC is currently consolidating around 75,100, with two consecutive days of new highs, which helps sustain the bullish momentum.
FIL has already taken profit at 1 dollar, with most traders taking half of their profits here.
Last night, gold (XAU) continued to hold, and if the target profit level isn't hit by evening, we'll consider taking profits then.
For spot Bitcoin with an average price of 63,700, you can reduce your position by up to 30%, since the first profit-taking level of 75,000 has been reached. Execute accordingly, and hold the remaining position.
For spot Ethereum below 1915, profits of over 400 points have already been realized. Reduce the position by 30%, and continue holding the remaining.
Over the weekend, long positions at 2065 and 70,360 can be reduced by 60%, maintaining break-even without setting a stop loss, and continue holding.
These are basically all the current positions. Execute strictly!
**BTC**
Support: 70,825 / 66,300
Resistance: 83,896
Currently, Bitcoin is consolidating around 75,000; focus on changes in volume and price relationship.
**ETH**
Support: 2225 / 2100 / 1915
Resistance: 2749
The key level now is around 2403. The next step is to see whether Bitcoin and Ethereum choose to break upward directly or consolidate for a few days before deciding. Keep tracking closely!
Up to today, most of the bullish predictions made over the past month have been realized. For example, our spot Bitcoin has earned at least 10,000 dollars, and Ethereum at least 300-500 dollars—both have been achieved. Everyone should have benefited from this wave!
In terms of operations: intraday, first observe below 75,475 to see where it retraces. The less volume on the downside, the more trading opportunities there are. For example, aggressive traders can focus on the 73,500 level. If there's a small double top and you want to lower profit expectations with small shorts, that’s also an option. As always, those who run slowly, lack adaptability, or don’t use stop losses—this market condition is just sending money to the big players. For Ethereum, focus on 2,330 and 2,265. These levels aren’t immediate entry points but are areas where 5-minute trading setups are likely to form, so pay close attention!
#BTC #ETH #SaoGe Morning Session
