The market has passed the halfway point today. Based on the current trend analysis, the Bitcoin price rebounded after hitting the bottom in the early morning and subsequently entered a phase of fluctuating contraction. The morning session showed a three consecutive bullish rising trend. Our intraday long positions strategy seized this rising opportunity, building a position in the 104434 area, and planned to take profits when the price rises to the 105439 area, successfully capturing a profit space of 1005 points. When the market logic and analytical framework align perfectly, predictions turn into precise market guidance.

From the perspective of the time period, the Bitcoin 4-hour chart shows that the price has been suppressed by three consecutive negative lines after a brief shock adjustment, and the lowest touched the 103300 area and then rebounded, showing a stepwise upward trend. Although it has not formed a long white line offensive pattern, it has maintained an upward trend as a whole, and the trend of Ethereum is highly consistent with that of Bitcoin. Looking at the 1-hour chart, Bitcoin is building an effective support bottom below after short-term shocks, and the price is mainly running in the range of 104000-104600, the pattern is similar to before, and the price is still poised in the bottom area, so we maintain the bullish strategy unchanged in the afternoon.

In the afternoon, it is recommended to build a position for long positions in the range of 104800-104300, targeting the area of 106300; for Ethereum, it is suggested to build a position for long positions in the range of 2520-2500, focusing on the point near 2620. The market is expected to continue the rebound trend in the short term, but it is still necessary to closely monitor the performance of resistance levels.