Yesterday’s daytime session, Bitcoin rebounded from around 75,430; in the afternoon it briefly surged to 77,000, then pulled back after hitting a technical resistance pressure level;

During the US session into the early hours, it accelerated lower due to the hearing’s impact, falling to 74,777; “the yellow-haired” released a ceasefire extension, and it bounced back to around 76,500;

Yesterday’s daytime session for Ethereum rebounded from 2,297 to 2,337; at midnight into the early morning it synchronized retraced to 2,280, and it is currently also rising back to around 2,230.

At morning in Jingwen: BTC—went long at 75,500, ETH—went long at 2,300, respectively secured more than 1,200 points and more than 30 points.

At dawn, the US and Iran again released an extended ceasefire agreement; oil prices, under pressure at high levels, pulled back; spot gold and silver were boosted, and major crypto such as BTC and ETH saw a bottoming and rebound;

For the long term, whether it’s the oil market, the gold market, or the crypto market, everything has long been dominated by geopolitics—so you must keep an eye on developments in the situation in a timely manner and adjust when appropriate.

On the technical side, BTC’s resistance level on the smaller timeframe is 77,000. The early-morning spike through 75,000 followed by a pullback shows that this level’s support is effective, and the price range has narrowed;

Since the beginning of this month, the price has been oscillating and moving upward from around 65,000 all the way. On the daily chart, as long as there is no real-body close-breaking below 73,000, it remains within an upward channel.

BTC suggestion: Go long near 75,400, add longs at 74,800, target 76,500--77,000;

ETH suggestion: Go long near 2,300, add longs at 2,270, target 2,330--2,350.