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Rebound does not mean reversal; it simply provides everyone with a high-altitude entry opportunity, and this needs to be understood. On the 4-hour chart, the price has currently rebounded to near the middle band of the Bollinger Bands, with KDJ and RSI turning upward, and the bullish momentum on the MACD continuing to expand. On the hourly chart, the rebound has pushed the price above the upper band of the Bollinger Bands. This wave of rebound looks formidable. Those without long positions should not chase longs anymore; otherwise, after hitting resistance and pulling back, you might get caught in the top and be trapped.
For intraday trading, focus on selling high. For Bitcoin, watch the resistance at around 77,500 and 79,000. The short positions should be arranged around these levels, with support levels at 76,500, 75,500, and 74,500.
For Ethereum, the resistance remains at 2,150 and 2,200. Short positions should be arranged around these levels, with support at 2,100, 2,050, and 2,000.
Profit and loss originate from the same source; every trade's risk and profit coexist. Manage your positions carefully and trade steadily! $BTC $GT $SOL