Saturday early morning Bitcoin and Ethereum market analysis and daily summary

Reviewing yesterday's trend, Bitcoin retraced from the high of 88500 to around 84408 for support, then rebounded to the pressure line of 89374 before falling back, currently consolidating around 86795; Ethereum fluctuated in sync, retracing from around 2966 to 2772 before rebounding to 3017, with the overall rhythm consistent with Bitcoin.

The four-hour level shows that Bitcoin quickly rebounded after the previous dip, and the current price is operating in the mid-range area. The upward pressure has not formed an effective breakthrough, while the downward support has undergone multiple tests, and the trend can be viewed as a technical repair after a decline. The overall trend structure has not changed, but it has not entered a strong rising phase, and it is expected to maintain a fluctuating consolidation pattern in the short term. From the one-hour structure observation, the short-term rebound is still continuing, but the upward momentum shows signs of weakening, with insufficient push for new highs, reflecting that market sentiment is becoming cautious, and the market is entering a phase of oscillation and digestion. As long as the key support remains intact, the short-term structure can still be considered stable; if the support is broken, attention should be paid to the risk of further price retests for confirmation.

Operational suggestions:

Pay attention to support near 87300 for Bitcoin, consider entering long positions, with targets looking towards around 91000.

Pay attention to support near 2930 for Ethereum, consider entering long positions, with targets looking towards around 3200.#巨鲸动向