On the daily chart, Bitcoin dropped from 82,800 to around 59,078 and bottomed out, then continued to close higher, once pushing above the middle Bollinger Band. Meanwhile, the MACD in the indicator below formed a bullish crossover and the red bars kept expanding. The KDJ indicator turned upward, clearly signaling a bullish correction on the daily chart. This is a recovery rebound stage after a sharp decline, with the bearish momentum significantly weakening. Intraday strong resistance is at 67,000 to 67,300, with short-term support at 66,000 and strong support at 65,200 to 64,900.

It is recommended to enter long positions around 66,000-65,700, with targets near 66,600-67,100.

Due to Bitcoin's rebound, Ethereum's rebound strength is even more vigorous, rising from 1,503 all the way to 1,848. On the daily chart, the price has already stabilized above the middle band. The DIF line crossed above DEA to form a bottom golden cross, with the red bars continuously expanding. The support line below is around 1,770 to 1,780, which is also the one-hour middle band support. Today, Ethereum is showing a sideways consolidation trend. As long as the 1,770 support holds, there will be a resumption of the rebound tonight, aiming to challenge the resistance near 1,830 to 1,850!

It is recommended to enter long positions around 1,780-1,790, with targets near 1,820-1,840#比特币反弹

Market conditions change rapidly; strategies are for reference only. Use stop-loss and take-profit orders properly.