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Bitcoin shows a strong rebound pattern overall, starting its upward attack from a low point around 63,741 early this morning. During the oscillation and climb, it broke through the key resistance zone of 65,900-66,000 with strong momentum, reaching a high of approximately 67,292. The current price stabilizes around 66,485, with trading volume expanding simultaneously, and the short-term bullish momentum is like a rainbow. Ethereum's trend is highly correlated with Bitcoin, simultaneously starting a breakout from a low of 1,665, surging to nearly 1,849, with a 24-hour increase exceeding 10%, showing a leading stance throughout, and the market's correlation and sector rotation effects are prominent.
On the daily chart, a typical "V-shaped reversal" recovery pattern is evident. After experiencing a deep correction earlier, touching the strong support zone at 63,700 and releasing bearish energy, the market has successfully shifted to a strong rebound rhythm. Bullish momentum is concentrated, driving the short-term moving average system to form a golden cross and resonance upward pattern. The RSI indicator quickly rebounds from oversold territory to 58, and the MACD indicator's green bars shorten and approach the zero line. This pattern indicates that the short-term trend has clearly returned to a bullish dominance, and the rebound trend has strong explosive power supported by volume. The four-hour chart continues its unilateral strong upward trend, with prices steadily rising along the MA5 moving average, showing typical "rising price and increasing volume" technical features. The Bollinger Bands are expanding upward, with prices running along the upper band, further solidifying the foundation for the daily rebound trend. Currently, the market rhythm shows that bullish forces are still being released, and short-term pullbacks are not trend reversals but typical profit-taking and technical corrections, mainly to accumulate energy for further attack towards the 68,000 integer level. Today's early operations mainly focus on retracement to lay out long positions.
Specific trading suggestions: Pay attention to the support levels at 66,100-65,300 and the two positions at 64,800 and 63,500. If support holds, consider trying to buy low, aiming for a space of 5,000-6,000 points.