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$BTC $ETH Bitcoin and Ethereum are currently in a short-term low position during the daytime, forming a short-term bottoming pattern, with continuous small bullish rebounds. The price has re-claimed the MA7 and is approaching the MA30. In the short term, the trend has shifted from bearish to sideways with a slight bullish bias. The MA7 has crossed above and is aligned with the candlestick movement, indicating that the bulls are taking control in the short term. The MA30 still acts as resistance, suggesting this is just the beginning of a rebound from the initial decline. The price is now approaching the midline, which has become a key area of short-term contention.
Bitcoin: Buy around 73,800
Target: 74,800-76,000
Ethereum: Buy around 2,260
Target: 2,290-2,330
This market movement is essentially a rebound after a decline, not a trend reversal.
The daily strategy is simple: wait for a pullback to buy, ride the rebound, and avoid fighting the trend.
Those who understand the rhythm will profit; those who don’t will only chase at the top.