Based on the current market situation, Bitcoin has successfully stabilized above the key zone of 78,500-79,000 after forming a W-shaped bottom in the early session, demonstrating the resilience of the bulls. On the 4-hour chart, after approaching around 77,800, the price continuously formed lower shadows, indicating strong buying support in that area. Additionally, the short-term moving averages are gradually turning upward, and the MACD momentum bars are narrowing and turning green near the zero line, suggesting that the downward momentum is weakening.

It is worth noting that if the 79,000 level can be broken with increased volume, it will open up space to test the psychological barrier of 79,500-80,000. The key support below has moved up to the 78,300-78,000 zone. As long as the price remains above this area, the sideways bullish pattern can continue. It is recommended to watch for opportunities to go long on dips around 78,500 after stabilization. The first target upward is 79,300, and upon breaking through, the next targets are 79,800-80,000.

Ethereum is showing similar bottoming characteristics. After testing key support in the morning and quickly rebounding, it is currently holding above 2,620. If it can stay above 2,650 during the day, it may further test the resistance zone of 2,680-2,700.

Overall, after digesting previous selling pressure, the bullish momentum is gradually accumulating. The effective defense of key support areas lays a foundation for subsequent upward movement. It is recommended to focus on buying on dips, with proper position management and risk control.

(For reference only, markets carry risks, and investment should be cautious.)#BTC何时反弹？ $BTC