Since the midnight callback, the market has been in a state of gradual recovery. Bitcoin is currently gradually recovering to the level of 94,200, and Ethereum is synchronously recovering to the level of 3,280. The recovery of the market also confirms our bullish outlook from this morning's trend reversal. This morning, we entered Bitcoin around 91,800 and exited when the market rose to 93,900, gaining 2,000 points. For Ethereum, we entered at 3,190 and exited with a gain of 70 points. The market will not continuously fall or rise; currently, the market is continuously breaking upward resistance. Tonight, we will pay attention to the arrival of the non-farm payrolls, which is likely to meet expectations without causing any significant turbulence.

　　From the current chart, after three consecutive daily bearish candles, the market should welcome a bullish rebound. In terms of the strength of the recovery, the market has recovered over 1,500 points, with bulls continuously testing the resistance at higher levels to break the downtrend. On the four-hour chart, three consecutive bullish candles have recovered to the market's starting point but have not shown much continuation. The Bollinger Bands are in a state of contraction, and the middle line is still in a downward trend. In the short term, bulls will face some resistance, but there is still a demand for increased volume. We will wait for the movements during the US market hours and maintain a bullish outlook on any pullbacks for now.

　　You can go long on Bitcoin in the range of 93,200-93,500 with light positions, targeting around 95,000. For Ethereum, you can go long in the range of 3,210-3,240, targeting around 3,350. #比特币价格走势分析 #加密市场回调 $BTC $ETH