Gu Jingci: 1.3 Bitcoin/Ethereum Break Through Range Consolidation, Market Rebounds After Bottoming Out

Bitcoin/Ethereum broke through the recent daily high of 90600 and 3080 line last night, ending several days of consolidation, and the trend is about to reverse. The high-position long positions we arranged last night after Ethereum stabilized above 3080 also took advantage of the upward momentum and gained good space. This is also the daily high point emphasized multiple times in the past two days. Currently, new short-term support has formed around 3050 and 88500 below. In terms of candlestick patterns, recent candles show a oscillating upward trend, with prices gradually rising from around 2980 and 87000 to about 3150 and 91000. The daily chart shows a long lower shadow bullish candle, indicating strong support below, followed by consecutive small bullish candles, showing that the bulls are in the lead. On technical indicators, DIF and DEA are both diverging upward, with the red bars continuously enlarging, indicating that the current trend is bullish, but short-term pullback risks should be watched.

Operation suggestions: Buy around 89300-89800 for Bitcoin, target near 91800; buy around 3070-3090 for Ethereum, target near 3160-3200.

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