After a discouraging session in which most cryptocurrencies suffered heavy losses, Bitcoin and Ethereum have demonstrated a solid rebound in the first half of today's trading. At the time of writing, Bitcoin is testing the $105,200 level, while Ethereum appears poised to break through $3,559.

While market participants await a potential rally that could follow the resolution of the US government shutdown, Visa has launched a pilot service enabling companies to send stablecoin payments directly from fiat accounts to crypto wallets. This move underscores the growing recognition by major financial institutions of the potential and increasing adoption of digital currencies. Visa's initiative could act as a catalyst for the broader commercial integration of stablecoins in the global payment infrastructure.

Despite ongoing challenges and an arguably overheated crypto market, interest from technology firms remains strong. More companies and individual investors continue to explore the advantages offered by digital assets and blockchain — including faster transaction speeds, lower costs, and enhanced transparency.

From an intraday trading perspective, my strategy remains focused on buying dips in Bitcoin and Ethereum, anticipating that the broader bullish market structure will persist in the medium term.

Bitcoin

Buy scenarios

Scenario 1: Enter long positions around $105,200, targeting $106,500. Close longs and take profit near $106,500, then consider shorting on a rebound. Before entering a breakout trade, ensure that the 50-day moving average lies below the current price and that the Awesome Oscillator remains above zero.

Scenario 2: Consider buying from the lower border of $104,200 if there is no downside breakout, targeting $105,200 and $106,500.

Sell scenarios

Scenario 1: Enter short positions near $104,200, targeting $102,700. Take profit and switch to long positions near $102,700 on a dip. Before selling on a breakout, confirm that the 50-day moving average is above the current price and the Awesome Oscillator is below zero.

Scenario 2: Consider shorting from the upper border of $105,200 if there is no upward breakout, targeting $104,200 and $102,700.

Ethereum

Buy scenarios

Scenario 1: Buy near $3,559, targeting $3,634. Take profit and look to short near $3,634 on a rebound. Before entering a breakout trade, ensure the 50-day moving average is below the current price and the Awesome Oscillator is above zero.

Scenario 2: Buy from the lower border of $3,508 if there is no downward breakout, aiming for $3,559 and $3,634.

Sell scenarios

Scenario 1: Sell Ethereum around $3,508, targeting $3,446. Close shorts and switch to longs near $3,446 on a dip. Before selling on a breakout, confirm that the 50-day moving average is above the current price and the Awesome Oscillator is below zero.

Scenario 2: Consider shorting from the upper border of $3,559 if there is no breakout, targeting $3,508 and $3,446.

In summary, while the crypto market continues to display high volatility, today's rebound suggests that bullish sentiment remains intact. The ongoing institutional involvement, exemplified by Visa's latest initiative, reinforces the view that the integration of blockchain-based payment systems into traditional finance is accelerating — potentially laying the groundwork for the next phase of crypto market expansion.