$BTC $ETH Bitcoin and Ethereum maintain a primarily long bias during the daytime, after a quick dip in the early hours, the price did not continue to weaken. Instead, it stabilized and rebounded near a key support level, indicating that buying support still exists below. From a short-term perspective, the bearish sentiment has largely been released, and the market has re-entered a sideways to slightly bullish rhythm.



On the technical side, Bitcoin’s 15-minute chart has already regained above the MA7 and MA30 levels, with moving averages beginning to flatten. The Bollinger Bands have shifted from opening downward to contracting, indicating that short-term selling pressure is weakening. Although the MACD is still near the zero line, the green bars are shrinking, and the DIF is starting to turn upward, suggesting that the bulls are gradually warming up. The KDJ indicator is also in the mid-to-high range, tightly clustered, and as long as there is no surge in selling volume causing a sharp drop, there is room for further upward testing.

Ethereum’s trend is relatively stronger. After a quick dip to the 2230 level in the early hours, it quickly recovered and continued to oscillate with small bullish candles, indicating clear support from funds. Currently, the price is moving around the MA lines, with the middle Bollinger Band providing effective support. As long as it holds around 2250, there is still a chance to push higher within the day.

Bitcoin: Long around 79,000
Target: 81,000-83,500

Ethereum: Long around 2,250
Target: 2,290-2,380

Overall, it currently looks more like a secondary buildup after a high-level correction. As long as the rhythm remains intact, the bullish trend is expected to continue within the day. Patience and waiting for a pullback opportunity are advised.
BTC-2.14%
ETH-2.02%
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