Bitcoin surged today, reaching $74,800, keeping the possibility of breaking recent highs alive. Ethereum also rose significantly, hitting $2,395.

Tom Lee, a key figure in the investment world, once again expressed confidence in Ethereum's future, making another substantial purchase last week. This time, he added 71,524 ETH to his portfolio, equivalent to an impressive $156 million. This transaction not only increases the weight of his existing assets but also signals deep faith in the potential of this decentralized platform.

Figures disclosed by Bitmine reveal the colossal scale of investments. The company holds 4,874,858 ETH, valued at $10.7 billion. This amount accounts for approximately 4.04% of the entire Ethereum supply, making Bitmine one of the largest holders of the asset. Such a concentration of funds indicates a strategic approach and a long-term vision for Ethereum's development.

In addition to direct investments, Bitmine demonstrates financial stability and readiness for further actions. The company has $719 million in available cash, which can be used to replenish reserves or for new investments. At the same time, a significant portion of funds—3,334,637 ETH (valued at $7.4 billion)—is engaged in staking. This not only provides a steady income but also strengthens the security and decentralization of the Ethereum network, showing the company's deep integration into the ecosystem.

Furthermore, Michael Saylor, from Strategy, bought 13,927 BTC last week at an average purchase price of around $71,902. Now, Strategy holds 780,897 BTC ($55.3 billion).

Regarding the intraday strategy in the cryptocurrency market, I will continue to act based on any major pullbacks of Bitcoin and Ethereum, anticipating the continuation of the bull market in the long term, which is still 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 $74,600, aiming for a move to $75,600. At approximately $75,600, I will exit my purchases and sell immediately on the bounce. Before buying on the breakout, make sure 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 $73,400 if there is no market reaction to its breakout, moving in the opposite direction to levels of $74,600 and $75,600.

Selling Scenario

Scenario #1: I plan to sell Bitcoin today upon reaching an entry point around $74,000, targeting a drop to $73,000. At around $73,000, I will exit my sales and buy immediately on the bounce. Before selling on the breakout, make sure the 50-day moving average is above the current price, and the Awesome indicator is below zero.

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

Ethereum

Buying Scenario

Scenario #1: I plan to buy Ethereum today upon reaching an entry point around $2,374, aiming for a move to $2,417. At around $2,417, I will exit my purchases and sell immediately on the bounce. Before buying on a breakout, ensure 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 $2,551 if there is no market reaction to its breakout, moving in the opposite direction to levels of $2,374 and $2,417.

Selling Scenario

Scenario #1: I plan to sell Ethereum today upon reaching an entry point around $2,361, targeting a drop to $2,315. At around $2,315, I will exit my sales and buy immediately on the bounce. Before selling on a breakout, ensure 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 $2,374 if there is no market reaction to its breakout, moving in the opposite direction to levels of $2,351 and $2,315.