Weekend market sentiment has clearly cooled, and the volume rhythm has been interrupted. After a deep adjustment in the early hours, Bitcoin has gradually stabilized and is currently trading in the 103300-103900 range, temporarily halting its decline. Ethereum is following a similar pattern, experiencing a rebound after hitting a low, and is currently consolidating in the 2410-2450 range. Although there hasn't been a substantial upward volume, the support below has been validated, and the market is undergoing a staged repair after the pullback in the early hours.
From the current chart, Bitcoin's hourly chart has initially formed a 'low-level oscillation recovery' correction structure. However, the key resistance at the previous high of 103900 has not been effectively broken, and the short-term trend still leans toward a strong corrective oscillation. In the four-hour chart, the previous low candlestick has formed a clear 'bullish engulfing doji' combination, providing some potential for short-term upward continuation, but as there hasn't been a volume release accompanying it, this is still insufficient to confirm the release of mid-term upward momentum. Therefore, expectations should be controlled, and the rhythm should be maintained. If the market breaks through the 103900 resistance with increased volume, it is likely to open up further rebound space.
Buy Bitcoin in the 103000-103300 range, targeting around 104500, and for Ethereum, lay out long positions in the 2410-2390 range, targeting towards 2480. #美国国债 $BTC $ETH