Recently, the cryptocurrency market has shown positive signals, with Bitcoin (BTC) successfully breaking through the falling trend line and steadily rising above the new support level. After multiple tests of the rising trend line, BTC has demonstrated strong resistance to falling, refusing to retreat to previous lows, indicating a gradually increasing bottom formation.

Currently, the opportunity window for positioning at the market bottom seems to be closing soon. It is worth noting that the important economic data to be announced may have a significant impact on the market. Combining the current market rhythm, analysts generally expect that this data may pave the way for future interest rate cuts, and the final data performance may be below market expectations.

In terms of specific price targets, Bitcoin may find support in the range of 112,500 to 112,800 USD. If it breaks through this range, the next target price may be around 114,500 to 115,500 USD. As for Ethereum (ETH), it is expected to find support around 4,330 to 4,290 USD, and if it breaks through, it may challenge the resistance level of 4,450 to 4,490 USD.

Investors should closely monitor the upcoming PPI (Producer Price Index) data, which could become a key factor influencing short-term market trends. In this uncertain market environment, it is essential to maintain vigilance and a flexible investment strategy.