Thursday Early Morning Bitcoin and Ethereum Market Analysis and Intraday Summary

The pressure during early morning monitoring, the anxiety of profit-taking, and the regret of missing the opportunity are often normal parts of market participation. After a brief correction in the afternoon, the market gradually rebounded, testing the 89,000 level in the evening, then faced resistance and pulled back. Currently, it is consolidating around 88,700, and the overall trend remains consistent with our expectation of a oscillating upward movement. Although the rebound has not fully reached the anticipated high, the market continues to show a steady slow upward trend, indicating that bullish momentum is still gradually accumulating.

From the 4-hour technical structure perspective, the correction, though briefly interrupting the consecutive bullish candles, has entered a consolidation phase, but the bearish force has not reversed the overall trend. The Bollinger Bands are expanding upward with all three bands rising in sync, suggesting that there is still room for further upward movement. Meanwhile, the MACD is below the zero line; after the DIF and DEA formed a bullish crossover underwater, the green momentum bars have continued to strengthen, further confirming that short-term bullish momentum is ongoing.

Overall, the market is still in a oscillating upward channel, with the correction seen as a technical adjustment and energy accumulation process. The evening trading strategy can follow the afternoon outlook, mainly focusing on low-position long entries after the correction, with particular attention to key support zones for signs of stabilization.

Trading Suggestions:
Bitcoin can consider entering long positions around 87300-87500, targeting the 90000 level.
Ethereum can attempt long positions around 2920-2950, with a target near 3200.