After being pressured at the key resistance level of $95,700, Bitcoin's early session saw a technical pullback. The price continued to decline until it reached a low of $93,445, then found effective support at $94,778 and stabilized, clearly presenting the standard technical pattern of 'decline - accumulation - rebound'. As for Ethereum, it rebounded strongly from a low of $1,780 in the early session, driven by bullish momentum, pushing the price rapidly up to $1,830. However, in the evening, the market experienced a technical pullback, with the price retracing to around $1,790 before gradually stabilizing and rising. Throughout the day, our actual trading layout achieved gains on both long and short positions, with Bitcoin totaling 4,305 points and Ethereum totaling 109 points. The day's market perfectly validated our thoughts; to keep up with the rhythm, one must hold on to the momentum.

Currently, the Bitcoin market exhibits a complex pattern of oversold rebounds and bullish accumulation resonance. From a technical analysis perspective, although the MACD indicator on the 4-hour cycle is still operating below the zero axis, the green momentum bars have shown a significant convergence trend, indicating that bearish power is gradually weakening. Notably, on the 1-hour level, a double bottom support structure has formed near the critical point of $93,000, with continuous long lower shadows in the candlestick pattern intuitively reflecting that bulls have established a solid defense in the lower Bollinger Band area, showcasing strong defensive capabilities and a willingness to counterattack.

Bitcoin can be bought in the range of $93,500-$93,800, targeting around $96,000. Ethereum can be bought in the range of $1,760-$1,790, targeting around $1,870. #BTC走势分析