Yesterday's market closing review, the market trend is clear and traceable, after the US stock market closed, the cryptocurrency market led the rebound, with prices rising to the 77,400 resistance level and encountering resistance and pressure, then continuing the weak decline trend, the market gradually weakens. During the US evening session, the market continued to decline, falling to the key support level of 75,600 and stabilizing after stopping the decline, gradually entering a oscillating correction trend. The predicted early morning rebound last night accurately materialized; in the afternoon, Bitcoin long positions were slightly stopped out by 300 points, but fortunately, a short position was taken in the evening, successfully earning over 400 points of profit. Previously emphasized that 76,000 is the dividing line between bulls and bears, and the short-term short positions following the breakdown of this level have now all been safely closed for profit. Overall, the market shows that the overall trend remains weak today, maintaining a pattern of weak oscillation and repeated lows.

From the four-hour analysis of Bitcoin, the overall pressure situation is significant, with prices continuously falling to new lows. Fortunately, the buying support at the low levels strengthened, forming a stop-loss rebound pattern, and even as the US stock market weakens in tandem, the coin price did not decline sharply. As the support below gradually consolidates, the rebound momentum continues to build, and the subsequent market has the conditions for a phased correction and recovery. Switching to the hourly short-term level, the price rebounded but faced resistance and fell again, repeatedly testing the low zone, stabilizing and warming after touching the key support, entering a oscillation correction phase. Currently, the bearish momentum continues to weaken, and the downward pace has clearly slowed. Based on the overall market structure, the short-term trend leans toward a rebound correction, and after a pullback and stabilization, it is possible to take a short-term long position in line with the trend.

Wednesday early morning Bitcoin: Enter long positions around 75,600, targeting 77,500

Wednesday early morning Ethereum: Enter long positions around 2,270, targeting 2,450

$BTC ‌#Solana发布量子路线图