The early session market once again experienced a correction. Bitcoin recovered to around 65,000 in the early hours and continued to fluctuate, still maintaining a strong support at the bottom. The market saw a bullish rebound and adjustment. Currently, Bitcoin's highest recovery is around 67,800, but the price has remained around 67,000. Ethereum's movement is synchronized with Bitcoin; after recovering to around 1900, it stabilized somewhat. In the evening, following Bitcoin's correction pattern, Ethereum once surged to around 1980, and the overall market has stabilized within a range of fluctuations. Our real trading positions in the early hours also followed the strategy prompts to enter positions, all of which were perfectly closed for profit. Regarding the current market, the outlook remains clear; the impact of news has not substantially broken downward, so this market is relatively stable. As always, the key is to find the right entry points and take positions confidently.



Looking at the current chart, a long-term positive candlestick on the daily chart indicates a strong recovery of the overall market. The bottom support structure is solid. Multiple tests below 63,000 have not shown any signs of a significant breakdown; instead, the price has retraced and recovered, maintaining a large-range oscillation. This suggests the market is in a consolidation phase. Additionally, the MACD indicator shows a golden cross followed by a bottom divergence signal, indicating there is still room for further recovery. Although the price is currently oscillating within a range, there is still potential for a further breakout. However, news-related uncertainties also influence the market. Combining the four-hour bottoming and recovery pattern, a double bottom formation has been established. Although it has not yet broken the previous rebound high, based on the current pattern and the larger cycle, there is still a chance for recovery next week. Therefore, in the short term, it is advisable to maintain a low-buying strategy aligned with the larger cycle's oscillation.

Bitcoin can be bought around 66,000-66,500, targeting near 68,200. Ethereum can be bought around 1930-1950, targeting near 2030. $BTC $ETH
BTC2,25%
ETH4,29%
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