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Today, the overall market for Bitcoin has shown a pattern of bottoming out, rebounding, and oscillating with a slightly strong recovery, fully confirming our bullish prediction made early this morning. From the chart perspective, after the price surged to a high of 81,043.2 during the early hours, there was a brief pullback and adjustment, but it never broke below the key moving average support, with strong buying strength below. Subsequently, the market gradually stabilized amid oscillations, relying on the moving average support to initiate a recovery trend, with multiple candlesticks supported near the moving averages and closing with bullish candles, clearly indicating that the bullish force is steadily recovering. The bullish outlook we provided early this morning is based on the core logic of “firm support below, no new lows on pullbacks,” as well as the bullish alignment signals presented by the moving average system. Today's market movement fully validates this judgment; after multiple tests of the moving averages, prices quickly rebounded each time, with a clear rebound rhythm. The bullish strength dominated the intraday recovery, and I personally recommend maintaining a bullish outlook and riding the trend.
Trading suggestions:
Buy near 80,600-80,300 for Bitcoin, targeting 82,000
Buy near 2,290-2,265 for Ethereum, targeting 2,340