Intraday volatility in BTC has been intense with alternating momentum. After the price stabilized overnight, bulls initiated a counterattack, with the early session rally reaching recent highs near 76000. Subsequently, it quickly came under pressure and pulled back sharply, with both the magnitude and speed of the correction exceeding typical adjustment ranges. I had already provided clear guidance at midday that BTC would likely retest the 73000-74000 support zone, and the afternoon price action confirmed this expectation, with repeated oscillations and consolidation within that support band, currently showing signs of gradual stabilization. In terms of operations, after the two bullish scalps from midnight through early session successfully closed in profit, I provided an intraday short entry at 74000 in the afternoon. Adding to the position in the evening and capitalizing on the rebound rally to 74800, we successfully exited with profits. Three trades combined captured 2817 points on BTC and 117 points on ETH.

From the current price action perspective, BTC's bull-bear battle remains intense, with the price oscillating and testing around 74000 repeatedly. After the four-hour level topped and reversed in the morning, there have been four consecutive bearish candles with long lower wicks, showing strong buy-side absorption below. The price has now halted its decline and moved upwards. The key focus going forward is whether we can effectively hold above 74000, the former resistance level, to complete the top-bottom reversal. On the hourly level, K-lines are alternating between up and down, with Bollinger Bands showing a parallel constriction pattern. Both bulls and bears have not shown significant volume expansion, leaving the market in an extreme tug-of-war state with potential for bidirectional movement. Therefore, for subsequent operations, we will maintain a cautiously bullish approach for now, focusing on light-touch scalping operations, and follow the trend after a clear direction emerges.

BTC: Long near 73800, target 75500.
ETH: Long near 2310, target 2380.#比特币站上7.5万美元 $BTC