The rise and fall of the crypto market are never a verdict of destiny, but a practice of cognition and character. Every fluctuation in the candlestick charts is the market teaching you reverence; every fluctuation in the account is time depositing for you. Bitcoin and Ethereum again surpass expectations to reach target levels; in the afternoon, Bitcoin and Ethereum surged to 90,000 and around 3,160 respectively, entering the market. Early morning, the market oscillated downward, dropping to a low of 85,000 and around 2,890, with Bitcoin and Ethereum once again exceeding expectations to reach the target levels.

From the current market situation, after encountering strong resistance at the 90,000 level on the daily chart, prices pulled back, which is a technical adjustment and healthy consolidation during the trend upward. As long as the core support area of the medium-term bull-bear dividing line remains effective, the overall upward channel structure is not substantially broken. This correction has absorbed short-term overbought pressure and cleared some unstable bulls, helping to accumulate upward momentum for subsequent movements. On the 1-hour chart, rebound signals have appeared, and it is advisable to consider buying on dips in the morning session. Please set strict stop-losses to protect against risks during operation.

Follow Gong Zhonghao: Always Win, Watch the Trend

Trading recommendations:
Bitcoin: Around 85,500, target 90,000

Ethereum: Around 2,900, target 3,200