The recent market has been interesting. Bitcoin started consolidating around the 93,000 level and then surged directly to around 96,863 this morning. The pace of the market is indeed accelerating. Ethereum hasn't been idle either, stabilizing from a low of 3,170 and rising steadily, with a high touching 3,383, moving quite synchronously with the trend.



Looking at the daily chart, the consecutive bullish candles are well maintained, indicating that this rebound has already completed a key trend reversal from the lows. Although there have been a few pullbacks and consolidations in between, they are purely technical buildup actions and did not break below the lower boundary of the upward channel. Instead, these oscillations helped digest profit-taking and accumulated momentum for the next upward move.

From a support perspective, the 92,000-93,000 range has formed a relatively solid strong support zone. On the four-hour chart, both Bitcoin and Ethereum are fluctuating upward within standard ascending channels, with candlestick patterns and volume showing bullish resonance signals. The MACD remains in a golden cross, with the red bars continuing to expand, clearly indicating a short-term bullish dominance. Overall, the space for a correction is limited.

In terms of trading strategy, consider going long on Bitcoin around 94,800 with a target of 98,000; for Ethereum, position around 3,250 with a target of 3,600. The current strong momentum is quite evident.
BTC3,34%
ETH6,32%
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WhaleShadowvip
· 5h ago
96863, this rally was quite strong, but it feels like the upward trend is a bit too smooth. Could it be a fake-out?
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WhaleWatchervip
· 6h ago
96863, this rally is quite strong, it feels like the main force is accumulating.
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SandwichTradervip
· 6h ago
The position at 96863 feels a bit unstable.
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BlockchainBrokenPromisevip
· 6h ago
The recent surge of 96863 is indeed satisfying, but I don't dare to hold a heavy position, afraid of a sudden crash and having to cut losses again.
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