After a short-term consolidation in the market, the upward trend has been confirmed. From a technical perspective, on the four-hour chart, the price quickly rebounded after testing the middle band of the Bollinger Bands and successfully stabilized, demonstrating the effectiveness of the middle band support. The bulls are regaining control.

On the hourly chart, the candlesticks have shown a strong rebound from the lower band of the Bollinger Bands, confirming that each pullback has been actively supported by funds, with solid support below. Meanwhile, the MACD indicator is about to form a golden cross, with the downward momentum significantly weakening, indicating that a new round of upward movement is brewing.

Overall, this short-term correction is a normal adjustment and accumulation process within an upward trend. The phase of retracement actually provides a good opportunity for the bulls to position.

It is recommended to focus on the bulls, patiently wait for stabilization signals before entering in batches, follow the rebound trend, and seize the subsequent upside potential.

Bitcoin: Buy around 91,300-92,000, target 94,000-95,500

Ethereum: Buy around 3,180-3,230, target 3,300-3,400