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Every penny you earn is a realization of your cognition; every fluctuation you endure is a growth in your perspective. The market always cycles between greed and fear. Stay calm, respect the risks, and the dawn of the next cycle will eventually illuminate those who stay true to their original intentions. Looking back at the evening market, Bitcoin oscillated around the 93,000 level, with the highest reaching around 96,863; ETH closely followed the rhythm, stabilizing from the 3,170 low and rising to around 3,383!
From the current market structure, the daily chart shows a continuous arrangement of bullish candles, indicating that the market has successfully transitioned from a low rebound to a key trend reversal. Multiple pullbacks and consolidations during this period are technical buildup processes, not breaking below the reasonable adjustment zone along the upward trend, but rather effectively digesting profit-taking through oscillation, further accumulating momentum for subsequent upward movement.
Currently, the 92,000-93,000 range has formed a solid support zone. On the four-hour chart, both Bitcoin and Ethereum are oscillating within a standard upward channel, with candlesticks and volume showing resonant bullish signals. The MACD indicator maintains a golden cross, with red bars indicating expanding momentum, clearly favoring the bulls in the short term. The overall correction strength is limited, further highlighting the current market's strength.
Trading suggestions:
Bitcoin: Around 94,800, hold, target 98,000
Ethereum: Around 3,250, hold, target 3,600