$BTC Review of the market trend in the early morning, last night the US stock market opened with a slight pullback overall, and in the early morning, the market saw a collective rebound. Bitcoin reached a peak of 94185 before facing resistance, while Ethereum peaked at 3216 and then stopped. Currently, the coin prices are still operating at a high level. The bullish outlook we provided last night has also been validated, indicating that the strategy is effective! Bitcoin successfully gained 1754 points, and Ethereum successfully gained 126 points!

From the current market perspective, both Bitcoin and Ethereum have completed their daily corrections, and the short-term lows have been confirmed, forming a healthy bullish rebound trend. After stabilizing at the middle track on the daily chart, Bitcoin initially formed two consecutive bullish candles, with a slight adjustment in between. Ethereum also regained above the middle track by leveraging the consecutive bullish candles. Overall, the market is forming a breakout in a small cycle, temporarily leaning towards strength in the short term, but it is not an extremely strong one-sided trend. On the 4-hour level, after Bitcoin's price hit a low, it formed a V-shaped reversal pattern. If it breaks the previous resistance of 95000 today, then the bulls will officially enter a strong continuation trend; otherwise, it will still form a strong oscillating trend with a step-by-step reversal. On Thursday morning, Lao Chen suggested continuing to treat it with a pullback to buy approach.

Bitcoin: 92500-93000 can buy Target 94500

Ethereum: 3130-3150 can buy Target 3250#ETH走势分析