Bitcoin's recent correction has essentially completed. Now it has shifted to a slightly stronger oscillation phase, with multiple timeframes' technical indicators pointing in the same direction—upward. Looking at the 4-hour chart, after stabilizing around 87,189, the rebound pattern is very clean, with lows gradually rising and a particularly clear structure.
The key support level has been tested multiple times without truly breaking below. Small bullish candles keep stacking up, and the candlestick bodies are steadily pushing upward, with solid support below. In simple terms, the bulls are currently in control, and the momentum is in their hands.
$BTC: The 88,300-87,800 range can be played around, with targets around 89,400-90,400.
$ETH: There is a chance around 2,980-2,950, with targets at 3,030-3,060.
This is the current logic of the market; the technical outlook is very robust, and it’s worth continuing to watch the trend.
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ShitcoinConnoisseur
· 9h ago
Once again, the bulls are in control of the rhythm. This time, are we really going to push higher?
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GasFeeCrier
· 9h ago
Around 88300 is starting to show signs of movement again, the bulls are indeed aggressive this time
The bulls are feeling really good this wave, each low point is higher than the last, it looks very comfortable
Waiting for 89400 again? I fell asleep last time I was waiting...
Whether ETH 2980 can hold is the key, it's not that simple
The technicals look good, but I'm worried a black swan might come again over the weekend
89400 feels a bit uncertain, can it really reach that level?
I've heard this story of small bullish candles stacking countless times, is this time different?
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MetaverseHobo
· 9h ago
87800 bottom is really resilient to drops. I'm also waiting for this rebound to confirm, and I feel the bulls might have another move left.
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LayerZeroHero
· 9h ago
Here we go again. Is this wave really about to take off? I feel like I’ve said the same thing before, haha.
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FunGibleTom
· 9h ago
Is the bullish control so strong? It seems that's what people have been saying lately.
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degenwhisperer
· 9h ago
Damn, it's another bullish rally, this wave is really solid.
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EternalMiner
· 9h ago
The bulls are really strong this time. After holding steady at 87,189, they haven't looked back.
#数字资产动态追踪 Friday Market Brief
Bitcoin's recent correction has essentially completed. Now it has shifted to a slightly stronger oscillation phase, with multiple timeframes' technical indicators pointing in the same direction—upward. Looking at the 4-hour chart, after stabilizing around 87,189, the rebound pattern is very clean, with lows gradually rising and a particularly clear structure.
The key support level has been tested multiple times without truly breaking below. Small bullish candles keep stacking up, and the candlestick bodies are steadily pushing upward, with solid support below. In simple terms, the bulls are currently in control, and the momentum is in their hands.
$BTC: The 88,300-87,800 range can be played around, with targets around 89,400-90,400.
$ETH: There is a chance around 2,980-2,950, with targets at 3,030-3,060.
This is the current logic of the market; the technical outlook is very robust, and it’s worth continuing to watch the trend.