Here's a simple recap of today's intraday movement. After BTC's morning close, the price maintained a pullback pattern testing downside support. The daytime session remained in a consolidation range, with the intraday low retesting around 69150 at midday. Afternoon action saw the price break out of consolidation and move higher, leading to a volume surge in the evening where BTC broke through the 70000 resistance level. The evening high recovered to around 70700 under pressure, currently oscillating near the 70000 level. ETH followed BTC's trend, spiking to 2090 in the evening but still consol
Bitcoin has been consolidating at lower levels, forming an upward support line. It is currently steadily rising, indicating the uptrend remains intact. If the price retraces to the uptrend line and moving average support without breaking, we can go long targeting the upper band of the descending channel at 717-720. If the price falls back from the 717-720 resistance level, we can short targeting 655. Specific execution depends on real-time market action.