12.4 BTC/ETH Morning Market Analysis

Profit has never been an easy task; the key lies in persistence, learning, and thorough preparation. This morning's market has aligned with expectations, showing a strong bullish counterattack since midnight. Bitcoin has continued to rise from yesterday's low of 91,637, reaching as high as 94,185 this morning, confirming the previous judgment of "remaining bullish and recovering."

From the four-hour chart perspective, the rebound has strong potential to break higher. After a period of continuous consolidation, a double-bottom support has formed below, with higher lows gradually rising. Multiple bottom formations have laid a solid foundation, and the current rebound momentum is strong. The price is continuously testing and reclaiming the middle band. Recently, both Bitcoin and Ethereum have shown increased volatility. After the sharp drop the day before, bullish strength is brewing, and the likelihood of a pullback is gradually decreasing. There are always ups and downs in trend movement; corrections during an uptrend and rebounds during a downtrend are normal phenomena. Currently, the recovery trend is becoming more apparent. In the short term, focus on the continuation of the bullish trend, and prioritize buying on pullbacks for short-term trading.

BTC
Recommended operation: Buy at 92,000-92,500
Target: 94,000-94,500

ETH
Recommended operation: Buy at 3,150-3,110
Target: 3,250-3,300
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