Last night, Bitcoin's price also experienced a strong rise, breaking through the 83500 level from a low near 76000. This morning, the price touched the bottom and faced pressure, but there was no pullback; the price is still in a high-level range consolidation and correction phase, with relatively slow movement. Ethereum's performance is similar to Bitcoin, having reached a peak of 1688 in the early morning before slowing down under pressure. The long positions we set up last night also captured over 7000 points for Bitcoin and over 180 points for Ethereum.

From the current market perspective, the previous deep retracement has confirmed the bottom in this phase, making it a necessary demand to rebound and move up along a recovery trajectory. The continuous rise in the four-hour level indicates that reaching above the 80000 mark during the rebound is within expectations. The market is never one-sided, and it will give bulls the opportunity to rest and rise again. In the short term, it's advisable to follow the small trend and go along with the bulls. Today's strategy can focus on going long. There are still parking spaces available, so get in quickly! Do not operate blindly; first pay attention to the pullback and then participate in long positions at lower levels.

Trading Suggestions

Go long on Bitcoin at 81500-81900, target 84500

Go long on Ethereum near 1620, target 1700#加密市场反弹