The signal of dawn on the market is becoming increasingly clear. After a period of oscillation and accumulation, the rebound trend has entered a critical stage of readiness. From the performance of mainstream cryptocurrencies, the upward logic of Bitcoin and Ethereum continues to strengthen. The subsequent targets to focus on are: Bitcoin aiming for the key level of 116500, which is not only the upper edge of the previous dense trading area but also an important resistance conversion point in terms of technical formation; Ethereum is focusing on the integer level of 4800, which is not only a psychological watershed for short-term bullish and bearish battles but also a pressure zone where multiple mid-term moving averages converge.
From the perspective of momentum, the short-term trading volume is gently expanding, and the continuation of the MACD golden cross is resonating, indicating that the upward momentum is transitioning from 'accumulation' to 'release'. Combined with market sentiment indicators, bullish confidence is gradually recovering, and signs of outside capital entering the market are beginning to appear, providing potential support for a new round of upward rhythm. If the subsequent breakthrough of the above target levels can be achieved with sustained volume, it may confirm the acceleration of the trend and open up greater upward space; even if there are brief pullbacks during the process, as long as the key support levels are not broken, the overall rebound framework can still be maintained.
