The market has been hot these days, with Bitcoin and Ethereum continuing their rebound momentum, and bullish energy remains strong. However, current prices are approaching previous highs, increasing the risk of profit-taking and short-term pullbacks, so caution is advised.



Yesterday's market movements were highly correlated with US stocks and Federal Reserve dynamics. Fed voting members' speeches indicated that the economy is more resilient than expected, but there are hidden risks of deterioration in the employment market. Market concerns about cooling employment have not yet transmitted, as US stocks oscillated higher, attracting capital into the crypto market and driving the two main mainstream coins to continue rising.

Bitcoin surged to around 94,800 during the US session before pulling back. The daily chart shows consecutive bullish candles, and the 4-hour moving averages are in a bullish alignment, but RSI is overbought, and the hourly chart is in a correction phase. Intraday support levels are around 92,000 and 90,800, with resistance at the 95,000 key level.

Ethereum's trend is similar; after rising to 3,265, it faced resistance. The daily chart shows consecutive bullish candles, but RSI is overbought and leveling off. The 4-hour chart shows divergence and inverted hammer patterns, indicating stronger short-term resistance. Support levels are at 3,150-3,110, with resistance at 3,250-3,300.

In terms of trading strategy, focus on buying on dips today, strictly avoid chasing highs. Tonight's Federal Reserve officials' speeches are a key variable that could influence capital flows and market sentiment. The bullish trend remains intact, but overbought conditions and selling pressure require strict control over entry timing and position sizes. Pay close attention to breakout levels of support and resistance. $BTC #ETH走势分析
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