The first trading day after the war news saw a sharp decline in the US stock market. Bitcoin also experienced a rebound after a decline, reaching a high of around 69,600 as of the time of this posting. There is still momentum to break through higher levels. The first normal trading day of the day broke the recent silence and fluctuation. Short-term positions for the day have been closed, but we have long-term positions laid out during the early Monday hours near 65,000, which are now showing an unrealized profit of nearly 4,000 points. Ethereum's long-term positions are also showing an unrealized profit of 130 points. Unrealized profits are not included in the actual trading statistics. Today's positions are mainly long positions. Bitcoin closed the day with a profit of 2,200 points, and Ethereum with 95 points. We believe that friends who followed our medium- to long-term strategy yesterday should have gained significantly today. As the saying goes, "Listening to your advice is better than reading ten years of books." The opportunity depends on whether you can seize it.

Looking at the current market, the large bullish candlestick on the daily chart has broken the recent resistance. Although it hasn't firmly closed above 70,000, the recent prolonged sideways structure has laid a foundation for the future trend. The MACD golden cross and the bottom divergence indicate increasing bullish momentum, which is gradually becoming evident. There is still room for upward movement. On the four-hour chart, the double bottom pattern has formed, with the price recovering near previous highs and showing signs of breaking upward. With the breakout from the previous triangle range, there is further potential for bullish volume expansion. After breaking the 70,000 level, focus on 72,400 and 74,000 as the next targets, which are also our medium- to long-term strategic targets for bottom positioning.

Tonight, Bitcoin is expected to range between 68,500 and 69,000, with a target around 71,000. Ethereum can range between 2,030 and 2,050, with a target near 2,130. $BTC $ETH