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$BTC $ETH Bitcoin and Ethereum's intraday outlook mainly favors buying on dips; the logic is simple. Last night's sharp rise followed by a pullback is a technical correction, not a structural shift to bearish.
First, look at ETH
On the 15-minute chart, the price has pulled back from the 2199 level and is currently oscillating near the middle to lower Bollinger Band. MA7 has flattened, and MA30 is still acting as resistance above, but the overall structure is a consolidation after a rally.
The MACD green bars are continuously shrinking, indicating that the bearish momentum is weakening, which suggests selling pressure below is easing.
Next, look at BTC
The 15-minute structure is clearer. After facing resistance near the 74000 high, it pulled back and is now oscillating between 72800 and 72300.
The middle Bollinger Band is flattening, and the lower band is rising, indicating a strong consolidation.
Although the MACD is still below the zero line, the green bars are converging, showing signs of a potential bullish divergence.
Bitcoin: Buy around 71500
Target: 72500-74000
Ethereum: Buy around 2070
Target: 2150-2200
This is not the time to chase the rally but to wait for a pullback to support.
Gradually accumulate at lower levels, take profits in stages during rebounds, and avoid fighting the trend.
The intraday focus is on repairing space, not trend reversal.