Technical Analysis: BTC:

Yesterday's report pointed out that $875-$885 is a key resistance level. During the Asian session, the price faced pressure around $875. Before the US market opened, there was a pullback, followed by a rebound to around $885. In the early morning, it fell back to $864, and the overall trend was in line with expectations.

The daily line closed with a long upper shadow bullish line, driven by market risk aversion, with Bitcoin showing a weak positive correlation with gold, outperforming Ethereum and altcoins. The price rebounded strongly in the morning and reached a recent new high.

On the 4-hour level, after yesterday's surge, it entered a consolidation phase. The K-line retraced to the 7-day moving average before attacking again, maintaining an overall upward trend, but caution is needed for potential pullback signals after the surge. Today's trading suggestion: Focus on resistance at $884-$894 above, and support at $874-$864 below.

ETH:

Ethereum and altcoins are showing weakness, and market funds are more inclined toward Bitcoin, reflecting investors' cautious attitude toward high-volatility assets.

The daily line surged and then fell, closing bearish. In the morning, there was a significant drop testing the $1530 support, and the overall trend is weak, still in a low-level consolidation range.

On the 4-hour level, adjustments began during the European session. A doji star was formed after the morning dip, and the Asian session may continue the consolidation. Today's trading suggestion: Focus on support at $1560-$1540 below and resistance at $1600-$1620 above. #加密市场反弹