Bitcoin and Ethereum prices experience a slight rebound! Bitcoin has risen back above 87,000, and Ethereum has also returned to above 2,900. The short-term bearish factors that everyone was worried about earlier did not trigger more panic; instead, the market has entered a price correction mode.

From a technical perspective, Bitcoin is correcting with a pullback, and the hourly MACD bullish momentum is expanding, suggesting the rebound may continue. During the European trading session in the afternoon, resistance is around 88,000 to 88,500, with short-term support at 86,000 to 85,000. For Ethereum, short-term resistance is at the 2,965 to 3,000 level, with short-term support at 2,830 to 2,770.

Many people speculate whether the quiet trading during the day will reverse during the US session tonight. The consumer confidence index will be released tonight, along with Federal Reserve Williams' speech, which could influence market direction. The market has already digested Japan's 25 basis point rate hike in advance, so subsequent market reactions are worth watching.

In terms of trading strategy, if I had to give advice, it would be “buy on dips.” However, market changes are fast, so everyone must manage risk carefully, invest rationally, and avoid blindly following the trend!