The Bitcoin market has shown a remarkable rebound today. After experiencing a low of 99,500 in the early morning, buying power quickly gathered, pushing the price up to around 106,000 USD. Although there has been a slight pullback since then, the price remains relatively stable at around 105,000 USD.



From a technical analysis perspective, a strong bullish candlestick appears on the four-hour chart, breaking through the middle band and continuing to rise. It is noteworthy that although the price has experienced a significant surge, there has not been the expected large pullback, which may suggest that the upward momentum has not yet fully exhausted. The current market seems to have entered a brief consolidation phase, building a more solid support base for the bulls.

Regarding the upcoming market trends, the analysis leans towards the continuation of an upward trend. Investors may consider a strategy of buying at low points during pullbacks for positioning. Specifically, attention can be paid to the $104,500-$105,000 range as a potential buying opportunity.

In addition, the Ethereum market has also shown a similar upward trend. Investors can pay attention to the potential buying range of $2,380-$2,410.

However, it should be noted that the cryptocurrency market has always been highly volatile. Investors should carefully assess risks and develop appropriate stop-loss strategies before making any decisions. Whether the market rebound can be sustained still requires close attention to changes and impacts from various factors.
BTC-2.09%
ETH-5.73%
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TrustlessMaximalistvip
· 06-27 04:19
They are all paper numbers.
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blockBoyvip
· 06-26 19:32
Finally broke through 100,000!
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BlockchainFriesvip
· 06-26 18:04
Buying will only lead to losses, don't think about it.
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OnchainUndercovervip
· 06-26 10:53
The bus is leaving, vroom vroom vroom
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hodl_therapistvip
· 06-24 10:52
If it can rise to 200,000, then enter a position.
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PessimisticLayervip
· 06-24 10:48
It's still early, be wary of bearish traders traps.
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LiquidationWatchervip
· 06-24 10:42
Where the money is, there I am.
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GasFeeCriervip
· 06-24 10:40
When will it fall?
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Degentlemanvip
· 06-24 10:33
The market has finally improved.
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