From the 12-hour trend observation, after several days of sideways movement, the bears have shown a sharp drop but without significant volume, and we are currently in a stage of recovery and adjustment. It is expected that the overall trend during the day will continue the upward adjustment after the recovery. In terms of the oscillation structure, the trend is still unclear, and the bears are still stubbornly resisting. The daily MA indicators show that Bitcoin and Ethereum have broken through the 7-day and 10-day moving averages of 96500 and 2700, respectively. Moving forward, it is necessary to continuously observe whether they can stabilize above these levels and gradually build long positions based on this support, while closely monitoring real-time changes in the market.

Bitcoin can be bought in the range of 96500-96300, with a target near 97800.

Ethereum can be bought in the range of 2700-2680, with a target near 9780.