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$BTC $ETH Bitcoin and Ethereum intraday analysis: The main strategy focuses on buying dips at lower levels. Following the early morning rally, the market has entered a high-level consolidation phase. The overall rhythm represents corrective consolidation after a strong push higher, rather than a weakening downturn. Each time the price pulls back, buying interest quickly comes in to support it. With successive higher lows, this indicates that bulls still maintain control.
From a technical perspective, MA7 and MA30 are in bullish alignment, short-cycle moving averages are diverging upward, and price continues to trade above the moving average averages, showing a strong trend bias. The BOLL channel is opening upward with price trading around the middle-upper band. Pullbacks near the middle band often find support. MACD is blunted at elevated levels—while momentum has slightly declined, there is no clear bearish crossover, which represents normal consolidation following the rally. The current market structure resembles oscillating strength with upside bias within a bull trend. As long as key support holds, the intraday strategy remains focused on buying dips at lower levels.
Bitcoin: Buy around 71800
Target: 73000-75000
Ethereum: Buy around 2130
Target: 2190-2240
If the market breaks below support on volume and fails to recover above it, the short-term structure would shift to oscillation, requiring timely strategy adjustments, position control, and avoiding reckless chasing of highs.
Overall, the current market rhythm remains oscillating uptrend with corrective pullbacks. Intraday operations should patiently await pullback opportunities, with buying dips at lower levels as the primary strategy.