In the wave of ups and downs in the crypto world, there are no eternal smooth paths, but there are persistent companions. Every fluctuation in the candlestick chart tests market patience; every round of market cap fluctuation filters those who remain committed. Panic selling in the late night, reckless chasing during celebrations—ultimately, they cannot withstand the sedimentation of rationality and long-term faith. During the early hours, Bitcoin dipped to around 85,314 before gradually rebounding, reaching a high of 86,863 in the morning. Ethereum's movement synchronized, rebounding from a low of around 2,789 in the early hours, with a high of about 2,846 in the morning.

From technical analysis, the price around 86,000 has formed a relatively clear double bottom structure, providing an important support foundation for a short-term rebound. On the four-hour chart, the MACD has crossed above the zero line, although the momentum release remains mild, it signals weakening bearish strength and gradual accumulation of buying interest. The daily MACD remains in a death cross state, but such divergence between indicators and price often indicates the market is in a recovery phase, possibly brewing a new upward trend. Currently, the price is still constrained by various moving averages, below the EMA7 on the four-hour chart, showing a consolidation pattern with some recent gains being retraced. However, in a healthy upward trend, reasonable retracements help digest short-term profits and reinforce support, accumulating energy for subsequent breakthroughs. The current correction can be seen as a technical repair and chip exchange process, not damaging the long-term positive market structure. Operationally, it is recommended to focus on retracement-based positioning, seizing low-entry opportunities. The first resistance above is around 89,300; if it can be broken through and stabilized, further testing of higher resistance zones is possible. The key support levels are in the 85,000-86,000 range, where this double bottom structure is expected to attract renewed buying interest. As long as this support zone is not broken, the current consolidation can be viewed as a bullish accumulation phase, with a high possibility of further strength in the future.

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Operational suggestions:
Bitcoin: Around 85,500, target 89,000

Ethereum: Around 2,780, target 3,100