【Market Viewpoint】
Bitcoin is currently holding above 86,500. If it remains above this level, the upward momentum is expected to continue, with short-term targets around 89,200. The key technical structure shows a bullish alignment; closing above 87,500 on the daily chart will strengthen the bullish signal.
Ethereum has formed a support platform around 2,800, and a breakout above 2,850 could test the 2,950 region. The hourly chart shows a higher low; if trading volume increases along with this, the rebound pace may accelerate.
【Key Logic】
1. Bitcoin: The weekly upward channel remains intact, with 86,500-86,000 as the recent support/resistance boundary. If the price retraces without breaking this zone, the trend is likely to continue. Watch for resistance at the previous high of 89,200; a breakout could open up new upward space.
2. Ethereum: After three tests within the 2,780-2,820 range on the daily chart, a rebound occurred, indicating support is effective. Once it breaks 2,880, the next target is 2,950 (Fibonacci extension level). Attention should be paid to whether ETH/BTC can stabilize.
【Trading Strategies】
· Bitcoin: Suggest deploying in batches within the 86,500-87,200 range, with stop-loss below 85,700. Consider light positions on a breakout above 88,200, targeting 89,200.
· Ethereum: Enter around 2,800-2,820, with a stop-loss at 2,770. First target at 2,900, second target at 2,950.
【Risk Warning】
1. Closely monitor the volatility transmission from US stocks during tonight’s US trading session.
2. Bitcoin falling below 85,700 may trigger short-term long liquidation.
3. It is recommended to deploy in batches, with a single position not exceeding 5% of funds.
(Note: The above is technical analysis. Cryptocurrency volatility is high; please make cautious decisions based on your risk tolerance. Feel free to share more on-chain data or macro perspectives in the comments.)