The overall market has shown a slight weak structure today, and the overall movement is also primarily based on the oscillation we mentioned yesterday, gradually looking for a break above the high points. The evening's second test near 86000 and the halt in the decline also indicate that the current market data is still in a probing bottom support structure, and there are still opportunities to look upward in the future.

From the 4-hour technical perspective, the market's bottom rebound trend has clearly emerged, and the bottom structure continues to solidify. Since the formation of the previous key low point at 80600, the price's pullback lows have gradually risen, forming a clear ascending ladder pattern — this structure not only confirms the persistence of buying support in the relatively low area but also highlights the continuous strengthening of the downward support power. As the long-short game pattern tilts towards the bulls, the intraday pullback highs keep rising, and the low point after the opening of the US stock market in the evening also reached around 86000, stopping the decline. The market is expected to continue fluctuating between the middle and upper bands of the 4-hour chart, with a focus on low buying.

You can go long on Bitcoin at 87000-86500, looking at the vicinity of 89000. You can go long on Ethereum at 2850-2880, looking at the vicinity of 2950. #btc