Gu Jingci: 1.3 Bitcoin/Ethereum Breakout of Range Consolidation, Market Rebounds After Bottoming Out

Bitcoin/Ethereum broke through the recent daily high of 90600 and 3080 last night, ending several days of consolidation, and the trend is about to reverse. The long positions we arranged last night after Ethereum stabilized above 3080 took advantage of the breakout and achieved good gains. This is also the daily high point emphasized multiple times in recent days. Currently, new short-term support has formed around 3050 and 88500 on the downside. In terms of candlestick patterns, recent candles show a oscillating upward trend, with prices gradually rising from around 2980 and 87000 to approximately 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 control. On technical indicators, both DIF and DEA are diverging upward, with the red bars continuously enlarging, indicating a current bullish trend, but short-term pullback risks should be watched carefully.
Operation suggestions: Buy near 89300-89800 for Bitcoin, target around 91800; buy near 3070-3090 for Ethereum, target around 3160-3200.
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