#BTC☀
《Market Rebound — Current Market Analysis》
The overall market rebounded again during the night, with Bitcoin and Ethereum reaching key resistance levels. Under the dual pressure of tariff issues and Federal Reserve interest rate concerns, the entire market will face severe challenges.
Looking at Bitcoin's trend, resistance is around 88500. If this position can be broken and held, it will head towards around 92000. If it can reach this position, the overall market will have some improvement, with support near the 87000 mark.
Ethereum faces resistance around 1630, and its upward momentum has weakened. The Prague upgrade is imminent, yet Ethereum's performance remains disappointing. If Bitcoin can reach 92000, Ethereum should correspondingly be around 1930, highlighting Ethereum's weakness even more.
Although the market has not reversed, this upward momentum has halted the retracement trend. From a technical perspective, there doesn't appear to be a significant retracement in the short term. We have also positioned ourselves with enough chips at relatively low levels, so we can patiently hold on and wait for the moment of profit.