#数字资产行情上升 Bitcoin and Ethereum Market Daily Review: Rebound Reaches Resistance, Increased Risk of Correction

Hello everyone, I am a technical analysis trader. I consistently share the latest market dynamics and technical signals to help you seize trading opportunities.

**Bitcoin Technical Breakdown**

From the daily chart, the previous candlestick closed with a solid bearish body, breaking below the 7-day moving average. Although it was resisted near the 7 MA at open, the price is currently testing the 60-day moving average. The Bollinger Bands are narrowing and flattening, with short-term moving averages beginning to turn. The MACD fast and slow lines have shown a turn after crossing above the zero line, volume bars have significantly shrunk, the KDJ has crossed downward, and the VR indicator remains consolidating near 85.

Switching to the 4-hour chart, the price has fallen below the midline and continued downward, currently testing the lower band. The Bollinger Bands are slightly opening, short-term moving averages are turning downward, the MACD fast and slow lines are crossing downward, volume is increasing, and the KDJ is also trending downward—pay close attention to support near the 0 level, with the VR indicator around 100.

Overall, this rebound of over $7000 has entered a correction phase. As long as key support levels hold, there is potential for further upward movement after the correction. The short-term consensus support is around 90,000, which allows for some false break space. Key support near 88,800 should be monitored, and resistance around 93,000 needs to be watched carefully.

**Bitcoin Trading Reference**: Short near 92,500, long near 89,300

**Ethereum Technical Overview**

Ethereum's strong trend has not continued. The previous candlestick, following Bitcoin, closed with a bearish body again, entering a linked mode—short-term, it still follows the larger trend. I won’t analyze the technical details further here; understanding the linkage logic is key. The area around 3,300 has become a short-term resistance, so it’s safer to wait for a retracement below this level before entering short positions. Short-term support is around 3,050, with the 4-hour 60-day moving average and EMA200 serving as observation points for rebounds.

**Ethereum Trading Reference**: Short near 3,238, long near 3,088

Technical trading emphasizes observing real market signals and finding opportunities at support and resistance levels. If you have questions about market judgment or trading strategies during actual operations, feel free to engage in in-depth discussions—let’s study together and profit together in the market.