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Wednesday Morning Market Overview:
The cryptocurrency market has confirmed that a rebound trend is forming after a short-term correction. The four-hour K-line is supported by the middle band of the Bollinger Bands, with prices rebounding and stabilizing at a key level. This fully indicates that bulls are actively absorbing on dips, and market dominance is shifting upward.
More details on the hourly chart are even more interesting—K-line has launched a strong rally from the lower band, with each retracement attracting buying interest, making the support below quite solid. The MACD indicator is about to form a golden cross, with waning downward momentum, and a new upward cycle is brewing.
Specific level analysis:
#数字资产动态追踪 Short-term support is in the 93100-92600 range, with resistance at around 94200-95000. Breaking through 95000 will further open up upward space.
$BTC The same trend, support at 3260-3240, targeting 3310-3340. Breaking this resistance will confirm following the trend.
The core logic is: sufficient correction, strong support, and improving indicators. The market rhythm is shifting, and signs of bullish sentiment are clearly returning.