The current market previously bottomed out at 79,801, accurately touched the lower Bollinger Band, then quickly rebounded. Currently, the K-line has returned near the middle Bollinger Band, and the short-term downward momentum is clearly weakening, entering a correction rebound cycle. Continuous declines and deep retests found strong support around 79,800, successfully holding the key low point without continuing a sustained breakdown. Currently, the 4-hour chart shows a bullish candle rebound, with the price re-establishing above the lower and middle Bollinger Bands, shifting from a one-sided weak decline to a range-bound correction and rebound pattern.


Bitcoin: Long around 80,500 Target: 82,000
Ethereum: Long around 2,260 Target: 2,400
BTC-1.08%
ETH-0.26%
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