Bitcoin as a whole is showing a one-way strong uptrend. It started accelerating and surging from the low point around 64,820 in the early hours today. During the oscillating climb, it has repeatedly broken through multiple integer resistance levels and short-term moving average pressures. The high has reached the 69,810 range. Currently, trading is around 69,600. Today’s gain is over 7%, and bullish momentum has集中释放 with increased volume.
Ethereum’s price action is highly correlated with Bitcoin and shows even stronger elasticity. It began its strong advance from the 1,908 low, surged to around the 2,260 high area, and leads mainstream coins in terms of intraday percentage gain. The entire move exhibits a volume-expansion leading pattern. The strong correlation across the market is evident, and as the price breaks through, the entire market’s long sentiment heats up quickly.
On the daily timeframe, the uptrend channel continues to expand in an orderly manner. After the market previously accumulated and built a base at lower levels, completing a sufficiently thorough turnover and washout, it has successfully shifted into an accelerated uptrend rhythm. Bullish momentum continues to release step by step, driving the short- and medium-term moving average system to turn upward and form a synchronized resonance uptrend pattern. The MACD red momentum histogram has increased significantly, and the KDJ indicator diverges upward into a strong zone. Price has successfully held above the key 200-day moving average line. This pattern indicates that the market trend has clearly returned to bullish dominance, and this uptrend has strong persistence and stable structure, with medium-term upside space now formally opened following the breakout.
On the four-hour timeframe, the chart continues the strong bullish tone. Price keeps climbing steadily while staying along the upper band of the Bollinger Bands, showing a technical pattern of one-way strong uptrend. The Bollinger Bands opening expands upward, further confirming the strength of bullish momentum and laying a solid foundation for the daily bullish trend. Currently, the market rhythm suggests that bullish strength is still continuously accumulating. The short-term pullbacks seen along the way are not reversal signals, but typical “power accumulation and washout” moves. The core goal is to clean out floating positions through consolidation and prepare enough energy for the next push higher. Today’s early operations still focus on setting long entries on pullbacks as the main idea.
Specific trading suggestions: If it pulls back into the 68,300–68,800 area and the 67,500–67,000 area, you may consider taking lower “dip” entries depending on the support situation, aiming upward for the 500–6000 point space.
Ethereum’s price action is highly correlated with Bitcoin and shows even stronger elasticity. It began its strong advance from the 1,908 low, surged to around the 2,260 high area, and leads mainstream coins in terms of intraday percentage gain. The entire move exhibits a volume-expansion leading pattern. The strong correlation across the market is evident, and as the price breaks through, the entire market’s long sentiment heats up quickly.
On the daily timeframe, the uptrend channel continues to expand in an orderly manner. After the market previously accumulated and built a base at lower levels, completing a sufficiently thorough turnover and washout, it has successfully shifted into an accelerated uptrend rhythm. Bullish momentum continues to release step by step, driving the short- and medium-term moving average system to turn upward and form a synchronized resonance uptrend pattern. The MACD red momentum histogram has increased significantly, and the KDJ indicator diverges upward into a strong zone. Price has successfully held above the key 200-day moving average line. This pattern indicates that the market trend has clearly returned to bullish dominance, and this uptrend has strong persistence and stable structure, with medium-term upside space now formally opened following the breakout.
On the four-hour timeframe, the chart continues the strong bullish tone. Price keeps climbing steadily while staying along the upper band of the Bollinger Bands, showing a technical pattern of one-way strong uptrend. The Bollinger Bands opening expands upward, further confirming the strength of bullish momentum and laying a solid foundation for the daily bullish trend. Currently, the market rhythm suggests that bullish strength is still continuously accumulating. The short-term pullbacks seen along the way are not reversal signals, but typical “power accumulation and washout” moves. The core goal is to clean out floating positions through consolidation and prepare enough energy for the next push higher. Today’s early operations still focus on setting long entries on pullbacks as the main idea.
Specific trading suggestions: If it pulls back into the 68,300–68,800 area and the 67,500–67,000 area, you may consider taking lower “dip” entries depending on the support situation, aiming upward for the 500–6000 point space.
