In the wave of Bitcoin, it is not just a moment of courage that counts, but rather the patience and vision to navigate through bull and bear markets, enduring the trials of volatility, and maintaining long-term consensus. Time will eventually push the steadfast towards the peak of returns! The market shows a stop-loss recovery trend in the early morning, with Bitcoin quickly rebounding after hitting a low of 84408, currently fluctuating around 85800. Ethereum is also moving in sync, rising from a low of 2772 to stabilize around 2837, forming a resonant rebound pattern.
Currently, the overall market presents a strong consolidation pattern, with continuous upward movement on the 4-hour chart, and prices firmly standing above the key support of the Bollinger Band middle track. Bullish momentum is gradually accumulating. If this position can maintain stability, the market is expected to launch a secondary volume attack, further expanding space towards the target area. From the 1-hour perspective, the candlestick pattern is primarily characterized by fragmented upward movements, with a steady rhythm; technically, it has formed bullish resonance, with the MACD golden cross continuing to operate, momentum bars gradually strengthening, and the moving average system diverging upwards, clearly releasing short-term upward signals. It is recommended to align with the current mildly bullish trend and look for low long opportunities based on key support.
Bitcoin can be traded around 85000; target 87000.
Ethereum can be traded around 2800; target 2900$BTC .
