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A bear market is a gift for builders and a touchstone for true faith. Those who blindly chased the hype under the sun have already left the stage; those who remain are the ones who regard code as belief and decentralization as a guiding principle. Good morning, everyone! The price continues to maintain a rebound trend without much movement; Bitcoin is still dreaming of a good opportunity, and those interested haven't signed up yet. Currently, Bitcoin is running around 93000, and Ethereum is around 3180.
The four-hour chart shows strong breakout rebound potential. After a period of continuous consolidation, a double-bottom support structure has formed on the lower side in the short term, with higher lows being established and multiple bottoming attempts building a solid defense for the price, accumulating rebound momentum once again. Currently, the price is continuously challenging and attempting to reclaim the middle band area. Recently, BTC and ETH volatility has significantly increased; after the previous deep correction, the bulls are brewing strength, and the market's expectation of further pullback is weakening.
Trend continuation always comes with alternating rises and falls; pullbacks during uptrends and rebounds during downtrends are normal. The current technical structure shows recovery momentum is gradually strengthening, so it’s still advisable to focus on the sustainability of the bulls in the subsequent trend. For short-term operations, it is recommended to focus on going long on pullbacks to lower levels. #ETH强势反弹
In the morning, you can go long on Bitcoin around 93000-92800 and look for 95500.
In the morning, you can go long on Ethereum around 3150-3130 and look for 3280.