The cryptocurrency market showed positive signs of rebound today. After successfully finding support around 11.35 dollars, Bitcoin began to strengthen steadily. On the daily chart, Bitcoin once again closed with a bullish candle, gradually recovering yesterday's losses. In the short term, Bitcoin is expected to continue its upward momentum. Technically, the hourly adjustment is nearing its end, and the MACD indicator is forming a golden cross near the zero axis, indicating that momentum is beginning to build up again. Investors can pay attention to the changes in Trading Volume during the evening session; if a pullback occurs, it may be seen as a buy low opportunity.



Meanwhile, Ethereum has shown relative weakness, with prices fluctuating around 4100 USD. Although the short-term moving averages exhibit a downward trend, the price has not yet fallen below key support levels. Currently, Ethereum appears to be in a technical adjustment phase, but there is still a possibility of a rebound at any moment.

For Bitcoin, investors may consider buying in batches in the range of 11.35-11.4 USD, with an upper target to focus on 11.5-11.6 USD, and a stop loss set at 11.3 USD. As for Ethereum, one can gradually build a position in the range of 4030-4080 USD, with an upper target looking towards 4150-4250 USD, and a stop loss suggested at 4000 USD.

It is worth noting that the cryptocurrency market is highly volatile, and investors should operate cautiously and manage risks reasonably. At the same time, market sentiment and macro factors can also significantly influence short-term price trends. It is recommended that investors closely monitor market dynamics and adjust their strategies in a timely manner.
BTC-1.15%
ETH-2.82%
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QuorumVotervip
· 22h ago
Seek victory steadily and buy the dip.
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NotFinancialAdvicevip
· 22h ago
The market is too crazy and should surge.
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GasFeeVictimvip
· 22h ago
bullish continue buy the dip
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ZeroRushCaptainvip
· 22h ago
Observe more before taking action.
View OriginalReply0
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