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Bitcoin experienced a gentle rise yesterday, and since early this morning, it has shown a significant increase in volume and a strong upward movement. The trend aligns with a short-term bullish rhythm and remains within the overall framework of a weekly rebound. The short-term strategy is very clear—capitalize on rebound opportunities to go long.
The daily chart performs well, with upward momentum gradually recovering, and technical indicators remain healthy. In a consolidation and stabilization pattern, there is still room to move upward, but attention should be paid to the larger weekly context—the main trend remains bearish. Therefore, the operational logic is: wait for a sufficient weekly rebound before considering a short position at high levels, but for now, as long as key support levels are held firmly, it’s appropriate to follow the long side and seize this rebound opportunity.
ETH is rising in sync with Bitcoin, with the 4-hour momentum strengthening, and the short-term bullish outlook remains valid. However, the trading volume on the daily chart still warrants attention; the current gains are not aggressive enough, and the overall main trend is still bearish, with a short-term bullish outlook. Opportunities can be found at support levels to add to long positions.
Altcoins are generally following the upward trend, but these assets tend to have poor liquidity, and risks still exist. It’s more prudent to wait until the market stabilizes thoroughly before considering participation.
In the long term, some leading platform tokens are worth paying attention to. The 165 level has already been incorporated into reserves, and if it stabilizes around 100, phased and incremental positioning can continue. The value of such coins depends on ecosystem development; after the correction ends, they are expected to rise steadily.
The primary market has recently shown slight improvement. Driven by the listing of new tokens on a major exchange, the Chinese MEME coins have regained some popularity. However, honestly, the quality varies greatly—tokens like "I’m here," "Mom," "Dad," and other meme coins have almost zero logic and are purely speculative. The entire sector is quite chaotic, so while short-term attention is warranted, caution is advised.
Technical support and resistance levels to watch: Bitcoin support at 93500-94000, resistance at 96500-97500; Ethereum support at 3250-3300, resistance at 3400-3500.