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Market fluctuations are normal; short-term gains and losses never define success or failure. Those who can withstand the agony of a bear market, endure the turbulence, and stay true to their trading principles are the true winners. After rebounding from the low of 87,267, Bitcoin has now reached a high of 90,592. Similarly, after rebounding from the low of 2,784, Ethereum has now hit a high of 3,045. The pullback demand is clear!
The current market’s rhythmic adjustment is actually a healthy accumulation process within an upward trend. Although the rebound pace on the four-hour and daily chart levels has slightly slowed, this is not a sign of waning upward momentum but a necessary consolidation around key integer levels—around 3,050 and 90,000. Such oscillations and consolidations often indicate that the market is building a more solid relay platform, accumulating energy for the next upward breakthrough. From the overall pattern, the market is still in a clear bottoming and recovery process. The strong rebound from the lows has initially reversed the pessimism caused by previous sharp declines, and the two consecutive days of significant gains clearly demonstrate the bulls’ willingness to counterattack. The current correction can be seen as a technical pause after a rapid rise, which helps clear floating positions and reinforce support levels below, laying a more stable foundation for subsequent movements.
Currently, market sentiment is cautious, which is a typical sign of waiting for a new trend confirmation. Once subsequent data or market sentiment become clearer, and the technical consolidation is completed, the market is expected to end the oscillation and continue the recovery trend initiated from the bottom. Therefore, the current consolidation can be viewed as an opportunity window. After a brief buildup, the market still has the potential to continue upward expansion.
Trading suggestions:
Bitcoin around 88,800, target 92,000
Ethereum around 2,950, target up to 3,200