After short-term consolidation, buying pressure in the crypto market is gradually returning to dominance. From the 4-hour chart perspective, Bitcoin has found support at the middle band of the Bollinger Bands and rebounded sharply to hold steady, indicating that the defensive capability of the middle band is quite stable—this is a direct reflection of bullish confidence. On the hourly chart, the rebound action from the lower band shows good rhythm, with each pullback attracting fresh buying interest, and the buying density at the bottom is quite decent. The key is that MACD is about to form a golden cross, and the market's downside momentum has clearly weakened, which typically signals that a new round of uptrend is being brewed.
Specific price levels:
For Bitcoin, short-term pullback support is around the 93100-92600 range. If this zone holds, targets point toward the 94200-95000 resistance levels. The technical picture for $BTC currently looks optimistic.
Ethereum's performance is also worth noting, with downside support in the 3260-3340 range, and rebound targets aiming for the 3310-3340 area. The movement of $ETH generally follows Bitcoin, but is also accumulating strength on its own.
In summary, the driving force behind this rebound is quite authentic, as evidenced by both trading volume and K-line patterns showing the determination of those establishing positions at the bottom.
#2026年比特币行情展望 Wednesday Morning Market Observation:
After short-term consolidation, buying pressure in the crypto market is gradually returning to dominance. From the 4-hour chart perspective, Bitcoin has found support at the middle band of the Bollinger Bands and rebounded sharply to hold steady, indicating that the defensive capability of the middle band is quite stable—this is a direct reflection of bullish confidence. On the hourly chart, the rebound action from the lower band shows good rhythm, with each pullback attracting fresh buying interest, and the buying density at the bottom is quite decent. The key is that MACD is about to form a golden cross, and the market's downside momentum has clearly weakened, which typically signals that a new round of uptrend is being brewed.
Specific price levels:
For Bitcoin, short-term pullback support is around the 93100-92600 range. If this zone holds, targets point toward the 94200-95000 resistance levels. The technical picture for $BTC currently looks optimistic.
Ethereum's performance is also worth noting, with downside support in the 3260-3340 range, and rebound targets aiming for the 3310-3340 area. The movement of $ETH generally follows Bitcoin, but is also accumulating strength on its own.
In summary, the driving force behind this rebound is quite authentic, as evidenced by both trading volume and K-line patterns showing the determination of those establishing positions at the bottom.