$BTC 12.4 Thursday morning Bitcoin and Ethereum latest market analysis and operational suggestions:
Yesterday, Bitcoin showed a fluctuating upward trend overall, with the morning price stabilizing around 90954 before gradually rising. Bullish forces continued to exert strength, pushing the coin price to a daily high of 93932 in the afternoon, followed by a slight pullback under pressure. In the evening, when the price dropped to the support level of 91637, buying power promptly entered to support, driving a quick rebound in the market. Ethereum also moved in tandem, starting its upward rhythm from a low of 2983 in the morning, reaching a high of 3084 before entering a narrow consolidation range; after stabilizing again at 3030 in the evening, it surged again, hitting a maximum of 3198, thus continuing a strong upward trend.
The four-hour level has highlighted strong rebound breakthrough potential. After a round of continuous fluctuation and consolidation, a double bottom support structure is gradually being built at the lower end, with lows being raised in a stepped manner. Multiple bottoming actions have solidified the foundation for upward movement, showing a clear rebound attack trend overall. The coin price continues to impact the middle band of the Bollinger Bands and attempts to effectively recover. Recently, the volatility of Bitcoin and Ethereum has significantly increased, and after experiencing a sharp decline the previous day, bullish momentum is being re-accumulated. The expectation for further market pullbacks continues to weaken. The current technical shape is releasing signals of a warming expectation for price recovery. For the future market, we still need to focus on the continuation of bullish momentum, and for short-term operations, it is recommended to consider buying on dips at low levels as the core idea.
In the morning, Brother Wu also provided a low-level buying idea.
Bitcoin 93500-93000 can be bought, targeting 94500.
Ethereum around 3165-3140 can be bought, targeting 3300$ETH .

