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What should we do now?
The early morning market experienced a slight pullback and then quickly rebounded, with strong buying support below and no signs of deep sell-offs. The cyclical indicators continue to improve, bearish momentum is gradually weakening, the market's oscillating center of gravity is steadily rising, and the bullish trend continues.
Bullish logic
1. Solid support: Multiple tests within the 72,500-73,000 range have all stabilized, with firm bottom support and sufficient low-position chip locking.
2. Technical strength: Formed a bottoming rebound pattern, moving averages are gradually forming support, and rebound signals are clear.
3. Favorable capital flow: Market selling pressure is converging, obvious accumulation behavior at low levels, and upward momentum is sufficient.
Operation suggestions
Buy in batches at 73,200-72,800 for Bitcoin, targeting around 75,200-75,500.
Buy in batches at 2,000-1,990 for Ethereum, targeting around $BTC 2,050-2,080.