Bitcoin has reached a new high near $76,000 but has already pulled back below $74,000, maintaining its chances for continued bullish market activity. Ethereum has also risen significantly, reaching $2,416.

The increase is confirmed by rising inflows into spot Bitcoin ETFs. This rapid strengthening reflects increased investor interest in accessing Bitcoin through regulated, accessible financial instruments. The increase in inflows indicates that institutional money is actively returning to the cryptocurrency market, seeking new growth opportunities and diversifying their portfolios.

Amid positive news about inflows, Bitcoin's price shows confident ascendance, approaching its previous March peaks. This test of the high is an important indicator of the strength of the bullish trend. Successfully breaking through this level could open the way to new values, fueling enthusiasm among market participants and attracting additional attention from retail investors.

However, it should not be forgotten that, around $75,000–$76,000, Bitcoin has consistently faced strong sell-offs, which may await it this time as well, so caution is advised when buying at current highs.

As for the intraday strategy in the cryptocurrency market, I will continue to rely on significant pullbacks in Bitcoin and Ethereum, anticipating the continuation of the bullish market in the long term, which remains intact.

For short-term trading, the strategy and conditions are outlined below.

Bitcoin

Buying Scenario

Scenario #1: I plan to buy Bitcoin today upon reaching an entry point around $74,100, targeting a move to $74,800. Near $74,800, I will exit my purchases and sell immediately on the bounce. Before buying on a breakout, ensure that the 50-day moving average is below the current price, and the Awesome indicator is above zero.

Scenario #2: Bitcoin can be bought from the lower boundary of $73,600 if there is no market reaction to its breakout, moving in the opposite direction to levels $74,100 and $74,800.

Selling Scenario

Scenario #1: I plan to sell Bitcoin today upon reaching an entry point around $73,600, targeting a decline to $73,000. Near $73,000, I will exit my sales and buy immediately on the bounce. Before selling on a breakout, ensure that the 50-day moving average is above the current price, and the Awesome indicator is below zero.

Scenario #2: Bitcoin can be sold from the upper boundary of $74,100 if there is no market reaction to its breakout, moving in the opposite direction to levels $73,600 and $73,000.

Ethereum

Buying Scenario

Scenario #1: I plan to buy Ethereum today upon reaching an entry point around $2,327, targeting a move to $2,356. Near $2,356, I will exit my purchases and sell immediately on the bounce. Before buying on a breakout, ensure that the 50-day moving average is below the current price and the Awesome indicator is above zero.

Scenario #2: Ethereum can be bought from the lower boundary of $2,310 if there is no market reaction to its breakout, moving in the opposite direction to levels $2,327 and $2,356.

Selling Scenario

Scenario #1: I plan to sell Ethereum today upon reaching an entry point around $2,310, targeting a decline to $2,281. Near $2,281, I will exit my sales and buy immediately on the bounce. Before selling on a breakout, ensure that the 50-day moving average is above the current price, and the Awesome indicator is below zero.

Scenario #2: Ethereum can be sold from the upper boundary of $2,327 if there is no market reaction to its breakout, moving in the opposite direction to levels $2,310 and $2,281.