Last night in the early hours, the market showed a volatile rebound. BTC hit an intraday low around 86458 before stopping its decline and rebounding, climbing to around 87653 and then entering a consolidation phase. In the morning, it reached a high of 88100 before coming under pressure and pulling back. ETH’s movement was relatively steady, bottoming out around 2787 in the early hours, then gradually moving up to the 2830 area for sideways consolidation, and after reaching a stage high in the morning, also entered a period of volatility. In the short term, bearish momentum has clearly weakened, with bulls gradually taking control of the market. The overall strategy going forward is recommended to focus on range-bound corrections and buying on dips.

On the four-hour chart, there is a strong pattern of four consecutive bullish candles, but the Bollinger Bands are continuing to narrow, suggesting market volatility is being compressed and the price action may move into a consolidation range to accumulate new directional momentum. On the one-hour chart, all three Bollinger Band lines are rising together, with price breaking strongly above the upper band, establishing a short-term bullish technical structure amid the consolidation. Although the moving average system still appears hesitant, several momentum indicators are flashing strong bullish signals, indicating that bearish strength is gradually being exhausted. Meanwhile, the MACD indicator remains well above the zero line, with bullish histogram bars continuing to expand, clearly revealing that buying capital is entering the market in an orderly fashion. Overall, the market is currently dominated by bulls, and the rebound trend is being consolidated amid volatility.

BTC can be bought in the 87000-87500 range, targeting around 91000. ETH can be bought around 2800, targeting around 3000. #btc #eth