Evening Review

The US stock indices opened higher today but then fell back, followed by a rebound. This indicates that the market has given a expectation for recovery and has begun to rebound. After experiencing a significant drop yesterday, Bitcoin showed signs of recovery this morning. With the US stocks opening high tonight, Bitcoin has also strengthened, stabilizing above 88000 points and continuing to push towards 89000 points. The expectation is to return to 90000 points.
From the daily chart of Bitcoin, a strong bottom rebound pattern has emerged. After reaching the lower Bollinger Band, a powerful rebound followed, with yesterday's daily candle showing a long lower shadow, indicating solid support below. Today, the rebound momentum continues, with bulls maintaining their strength, and the daily candle closing with a small bullish line, steadily moving upwards. Although the previous daily chart showed a fluctuating downward trend, the current long lower shadow combined with consecutive rebound candlesticks has formed a clear reversal signal. Bullish momentum is rapidly accumulating, and a fundamental shift in trend is imminent. The rebound space above is vast, and each pullback presents an excellent opportunity to go long.
Near 89000 points for Bitcoin, multiple targets around 90000.
Buy near 2900 with multiple targets near 2950