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The hardest part of trading is not precise bottom-fishing, but seeing through support levels when others hesitate, and maintaining the bullish rhythm when others doubt. This rebound is not luck; it’s confidence given by funds and indicators. Don’t hesitate and miss out on the profits that rightfully belong to you.
From the early morning bottom at 75,635, the market stabilized and rebounded, oscillating upward to noon at 77,432. Ethereum followed Bitcoin’s lead, stopping its decline and stabilizing, oscillating upward from 2,275 in the early morning to 2,342 at noon. There was no second dip below the previous low, and it remained above the key support level.
The support at the lower Bollinger Band has been validated, and the price has stabilized above the middle band;
The KDJ indicator has formed a golden cross and entered the bullish zone,
The MACD green bars are continuously narrowing, indicating bearish momentum is waning,
Bullish momentum is being released,
Perpetual contract net inflows are ongoing,
Market panic has eased,
Bottom-fishing funds are entering strongly,
The 4-hour chart shows a clear rebound pattern, with two consecutive bullish candles confirming the rebound rhythm,
The short-term downtrend has been broken.
The validity of the short-term rebound has been confirmed, the downtrend has been thoroughly interrupted, and a recovery rebound window has opened.
Bitcoin: around 76,700, bullish target: 78,500
Ethereum: around 2,280, bullish target: 2,440