Same market pattern again! This morning, Bitcoin continued its upward momentum, briefly surging to around 93,800. Ethereum also strengthened to 3,301. However, it started to consolidate at high levels, and in the afternoon, selling pressure increased, causing the decline to accelerate, with a low of 91,500. Ethereum retraced to 3,194. Friends who shorted this morning made good profits, with Bitcoin gaining over 600 points in the short term. Now, it's time to reassess the bullish opportunities.

From a technical perspective, the hourly chart of Bitcoin shows a clear double-bottom pattern. The previous decline also halted around 91,500. After an early rebound, it retraced back to this level, with two strong rebounds, indicating that the support at the bottom is indeed effective. Ethereum's performance was synchronized; after testing the lower Bollinger Band, it immediately rebounded. This kind of same-direction bottom confirmation signal is worth paying attention to.

The current strategy is to continue going long along this rebound, waiting for the trend to extend. The key support level to watch is 91,000; if it breaks, the situation could become more complicated.

Bitcoin: Current bullish target at 94,500
Ethereum: Current bullish target at 3,350