After a deep pullback over the past two days, Bitcoin ultimately stopped at a low of 102614 during the day. Following the low point, Bitcoin's price began to show a slow upward trend, and bearish sentiment was gradually recovered. Currently, Bitcoin's price is gradually testing the resistance at the 105000 mark. After experiencing pressure and a pullback, Ethereum hit a low of 2433 during the day, rebounding from that point. The market trend during the day is also showing signs of warming up, and as the lows continue to rise, bulls are starting to launch a counterattack.

From the four-hour perspective, the price shows a quick down and slow up trend, with the overall small cycle still dominated by bullish tendencies. Currently, the price is firmly above the middle track, with the upper pressure at the 105000 mark. If this position is broken and stabilized, it will be like unleashing a fierce beast, and the bulls will surely rise strongly. In a strong market, be cautious of high rebounds followed by pullbacks, while in a weak market, be more wary of bottom probing and rebounds. Throughout the day, multiple pullbacks and bottom tests have occurred, with the price rebounding each time, indicating that the downward momentum is being blocked and rebounds are active. We expect the bulls to continue to recover lost ground, and if the pullback is blocked, following the bulls will be a wise move. Our evening layout will still revolve around bullish strategies.

Operational Suggestions

Buy Bitcoin directly around 104000, target 106000

Buy Ethereum around 2500, target 2580#BTC走势分析