Yesterday evening, the Bitcoin price ratio experienced another plunge. The market did not show a one-sided downward trend, but rather first presented a wave of technical rebound and consolidation. The Bitcoin price ratio dipped to around 98115 in the early hours, while Ethereum touched a stage low of 2111. This correction created an opportunity for bulls to position themselves; we also mentioned the weekly support at 98000, after which the market gradually gained momentum, and prices began to oscillate upwards. With continuous buying pressure, the price ratio broke through key resistance, ultimately rising to a maximum of 102115 USD. Following the market trend and seizing the opportunity during the pullback rebound is key to achieving stable profits.

　　From the perspective of price action, the Bitcoin price ratio has closed in the red for four consecutive days. Yesterday, it recovered from the red line, and the lower shadow line was elongated, showing a subsequent bullish trend. Although the price briefly corrected after reaching 101580 in the morning, this is just a normal adjustment during the upward movement. Currently, prices are oscillating around 101000, and although the correction touched the important level of 100000 USD, it did not effectively break below the previous low. The upper shadow line is gradually shortening, indicating that bulls are strongly supporting at high levels. In the 4-hour chart, a large bullish candle has formed, with continuously rising lows, creating a clear upward channel. Since rebounding from the low of 98115, the price ratio has shown a typical step-wise upward characteristic, where each correction has not reached the previous lows, further confirming the market pattern dominated by bulls. For future movements, we believe that 98000 is a crucial dividing line between bulls and bears; as long as the price holds above this level, the upward trend will not be broken. The upper level of 103000 will become the next important challenge target, and a successful breakthrough could open up a new round of upward space. Although the 1-hour chart suggests that there may still be a need for a short-term correction, based on the structure of smaller cycles, the expected correction magnitude is relatively limited. Therefore, everyone can patiently wait for the price to stabilize after the pullback and then re-enter the market at appropriate levels to seize this rare upward trend.

　　For Bitcoin, the target area around 101200-100700 looks towards 102500; for Ethereum, the target area around 2220-2190 looks towards 2300$BTC $ETH #BTC #BTC走势分析 .