#美国结束政府停摆
Reviewing the early morning market, after the U.S. stock market opened on Wednesday evening, it began a one-sided downward trend. Bitcoin touched a low around 100700 in the early morning before stopping the decline and rebounding, while Ethereum bottomed out at the key support level of 3370 and then started to rebound. Friends who have seen my posts know that after experiencing a strong pullback, the early morning market entered a phase of range-bound consolidation, with overall volatility maintaining a converging trend.
The current rebound momentum is gradually becoming apparent. Observing the 4-hour candlestick pattern, multiple long lower shadow structures have appeared near the key support level, intuitively reflecting the strong buying power below. Whenever there is a pullback to the lower support area, bullish funds actively enter the market to protect the price, driving a rapid stabilization and rebound. This technical performance of repeatedly testing the support level without effectively breaking below further verifies the solidity of the support below, making it highly likely for a bullish oscillation upward during the day on Thursday.
Bitcoin: Long in the range of 102000-101500, looking towards around 103500
Ethereum: Long at 3370-3400, looking towards around 3500
