Bitcoin and Ethereum returned to a gradual upward trend during the first half of the day. Breakouts of indicated resistance levels supporting the bullish trend enabled significant upward movement in trading instruments, as clearly seen on the charts, though target levels were not fully reached.

The gradual growth suggests buying activity from small and medium-sized market participants. As Bitcoin approaches the $105,000 level, its upward momentum is slowing. A catalyst, potentially provided by today's comments from Donald Trump regarding the future of the cryptocurrency market (a topic he notably avoided during his inaugural speech), may be needed to break this range. Meanwhile, his family foundation continues to actively acquire Bitcoin and Ethereum, as shown by metrics.

Over the past 24 hours, the TRUMP and MELANIA tokens have experienced significant declines: TRUMP dropped by 42%, with trading volumes down over 50%, while MELANIA fared worse, losing 65%. Social media is filled with posts from traders lamenting multimillion-dollar losses. Exercise caution when trading such altcoins.

For intraday strategies in the cryptocurrency market, I will continue to focus on major declines in Bitcoin and Ethereum, aiming for the continuation of the medium-term bullish trend that remains intact.

Details for short-term trading strategies are outlined below.

Bitcoin

Buying Scenarios

Scenario 1: Buy Bitcoin at the $105,526 entry point, targeting growth to $109,200. Exit purchases and sell immediately on a rebound around $109,200. Before buying a breakout, ensure the 50-day moving average is below the current price and the Awesome Oscillator is in positive territory.

Scenario 2: Buy Bitcoin at the lower boundary of $103,340 if there is no reaction to its breakout, targeting $105,350 and $109,020.

Selling Scenarios

Scenario 1: Sell Bitcoin at the $103,300 entry point, targeting a drop to $99,160. Exit sales and buy immediately on a rebound around $99,160. Before selling a breakout, ensure the 50-day moving average is above the current price and the Awesome Oscillator is in negative territory.

Scenario 2: Sell Bitcoin at the upper boundary of $105,350 if there is no reaction to its breakout, targeting $103,300 and $99,160.

Ethereum

Buying Scenarios

Scenario 1: Buy Ethereum at the $3,328 entry point, targeting growth to $3,423. Exit purchases and sell immediately on a rebound around $3,423. Before buying a breakout, ensure the 50-day moving average is below the current price and the Awesome Oscillator is in positive territory.

Scenario 2: Buy Ethereum at the lower boundary of $3,270 if there is no reaction to its breakout, targeting $3,328 and $3,423.

Selling Scenarios

Scenario 1: Sell Ethereum at the $3,271 entry point, targeting a drop to $3,162. Exit sales and buy immediately on a rebound around $3,162. Before selling a breakout, ensure the 50-day moving average is above the current price and the Awesome Oscillator is in negative territory.

Scenario 2: Sell Ethereum at the upper boundary of $3,328 if there is no reaction to its breakout, targeting $3,271 and $3,162.