The essence of trading is to capture trends, rather than getting tangled in short-term fluctuations. Bitcoin started its upward movement from a low of 86908 last night, and during the midnight period, it touched a peak of 92273. Meanwhile, Ethereum synchronized with Bitcoin, climbing from a low of 2780 to a peak of 3034. In the morning, the live broadcast room called for a buy around 92100, achieving a profit space of 1500 points!!

From the current perspective, the daily chart shows a clear pattern of stopping the decline and rebounding. After a series of bearish adjustments, the market welcomed a strong bullish candle, not only successfully reclaiming most of the previous losses but also completing a breakthrough and stabilization of the middle band of the Bollinger Bands. From a technical standpoint, various indicators are synchronously forming a bullish arrangement and extending upwards, with effective volume expansion, successfully reversing the previous weak pattern, and signaling a clear confirmation of the market bottom. On the four-hour chart, the market has entered a strong upward channel, with the overall trend structure remaining intact. Although there is a brief consolidation near the previous peak, the main logic of the current market remains bullish. In the short term, there may be a technical correction, but this is part of a healthy profit digestion process, accumulating momentum for subsequent upward attacks. In terms of operations, one can go long at low levels while maintaining good defense!

Wednesday morning outlook: Bitcoin bullish near 90500, target around 93000.

Wednesday morning outlook: Ethereum bullish near 2960, target around 3100.$BTC $ETH