$BTC From the daily chart perspective, Bitcoin has experienced two consecutive trading days closing with bullish candles, showing a step-like upward price movement. Previously, after the price stabilized following a dip marked by bearish candles, it successfully broke through the resistance at the medium-term moving average. This breakout action fully confirms the strong defensive posture of bulls in the key support area. Although the current technical indicators have entered a high zone and are likely to experience fluctuations in the short term, the overall positive trend in the larger cycle has not changed.

Switching to the four-hour level, the price has consistently relied on strong support at the bottom to rise steadily, with the continued appearance of bullish candles demonstrating sufficient bullish momentum. As of now, there have been no clear signals of a bearish reversal, further reinforcing the foundation for the continuation of the upward trend. In terms of operational strategy, it is recommended to continue adhering to the core approach of maintaining long positions at low levels, while looking for opportunities to position around short-term key support levels, and to manage positions well to cope with potential volatility risks.

Bitcoin: Positioning long near 92500, targeting around 94500

Ethereum: Positioning long near 3030, targeting around 3150 $ETH