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Early morning Bitcoin breaks out of a clear "bottoming out, rebound, and upward trend" pattern. During the midnight hours, the price effectively stabilizes around 66,600, then the bulls continue to increase volume, consecutively breaking through 67,000, 67,500, and 68,000 resistance levels. The highest point in the early morning reaches around 68,600, then slightly pulls back to around 68,100 for consolidation. The entire upward process features small retracements, slow speed, and gradually rising lows, showing typical active buying characteristics, with a clear bullish control pattern.
From the four-hour chart, since rebounding from the low of 64,059, an "higher lows" normal upward trend has been established. After support at around 66,600 in the early morning, consecutive bullish candles closed above previous consolidation levels, reaching a high of 68,600, and now retracing to around 68,100. According to Fibonacci retracement, the current correction is only about 25% of the upward wave, indicating a healthy adjustment. The 68,100 level coincides with the 0.382 retracement level and is also the support zone of the hourly MA10. As long as it holds this level, the bullish structure remains intact. The MACD fast and slow lines have formed a golden cross below the zero line and are diverging upward, with red momentum bars continuing to expand. The KDJ indicator is running at high levels; although a short-term correction is needed, the overall rebound momentum remains.
The target for Ethereum is around 2,080-2,100, with a breakout expected to continue the bullish trend further. Trading strategy: focus on long positions around 2,080-2,100, aiming for 2,150. #加密市场普遍上涨 $BTC $ETH