“The cryptocurrency market has never been a sprint, but a marathon through bull and bear phases. Only by enduring the lows can one hold on to the highs.” — Consensus in the cryptocurrency community

“The fluctuations in the market are tests, not the end. Being patient for a reversal is more important than chasing highs and cutting losses.” — Lao Qin

Looking back at the early market trends, Bitcoin has continued its previous five consecutive days of decline, bottoming out around 91500 before rebounding; currently, it is in a phase of consolidation and recovery. Ethereum's movement is in sync with Bitcoin, continuously dropping to a low of 3187 in the morning before halting its decline and rebounding, peaking in the afternoon at 3264.

Currently, the Bitcoin market's oscillation and game dynamics are still ongoing, urgently needing positive factors to catalyze a break in the stalemate. Combining the Bollinger Bands indicators and price trends from the 1-hour and 4-hour candlestick charts, the technical aspect shows distinct recovery characteristics: Four-hour cycle: The price repeatedly oscillates in the Bollinger Bands upper range around 94038, gradually weakening downward momentum after the morning's pressure drop, officially entering a technical recovery phase. The middle band at 91718 provides effective support, and the price quickly rebounds after touching the low of 89200, with the candlestick's long lower shadow structure highlighting strong bullish support, further reinforcing the rebound recovery trend. One-hour cycle: The price operates below the Bollinger Bands upper band at 93742.3, forming a fragmented upward trend, and although short-term momentum appears slightly insufficient, the price has risen from the low of 89200 to around 92400, steadily shifting the overall focus upwards, laying a solid foundation for the continuation of the rebound trend. From the perspective of multiple time frame technical signals, the current market bullish recovery rhythm is clear, and it is recommended to follow the current recovery trend, primarily focusing on not being overly aggressive. #加密市场反弹

Evening Bitcoin: Consider buying around 91500-92000, targeting near 93500 $BTC

Evening Ethereum: Consider buying around 3200-3220, targeting near 3320 $ETH