Maple looks at the trend: On March 5, Ethereum hit a new low for the year, Bitcoin had a spike rebound, and the market returned to a state of consolidation.

In the early morning, the market had a spike to test the bottom, followed by a rebound after hitting the support, which is generally consistent with my analysis from yesterday. The target for the short position during the day also just happened to reach around 91000 and 2000. Since the support has completed its downward probing, there is a possibility of a short-term reversal and recovery next. The specific situation needs to be judged based on whether the resistance can be effectively broken. From the daily level main candlestick, it can be seen that yesterday closed with a low shadow line (representing a short-term bottom signal), which is actually a normal technical rebound after hitting support without breaking. However, the BOLL and MA30 daily moving average are still generally in a downward pressure, indicating that there is still strong selling pressure on the current trend line. Now, according to the large-scale box structure, the market has stabilized within the downward box structure. Yesterday's bottom hit just right at the low point of the downward box structure, so a subsequent rebound is also reasonable. Now, the short-term focus is merely on the strength of the rebound.

The first key pressure target for the short-term rebound is referenced around the daily MA10 moving average (BTC price reference around 90000-91000, ETH price reference around 2300-2330).

If the short-term rebound cannot effectively break through the ten-day moving average, then a temporary power adjustment will occur above 87500 and 2200, followed by a continuation downward with volume.

The above is my personal evening market analysis, for reference only. For more real-time strategy and trading guidance, please follow the homepage for communication!