Morning Analysis

Last night's market continued the bearish decline, with the price touching around 86,400 before consolidating. In the early morning, bullish momentum gradually strengthened, pushing the price up to around 88,000. On the daily chart, the bulls shifted from decreasing to increasing volume, with the candlestick changing from bearish to bullish, forming a bullish candle with a lower shadow, indicating strong support below. On the four-hour chart, the bears decreased volume, and the price tested the midline in a bullish manner before facing resistance and pulling back. On the hourly chart, the bulls show a decreasing volume trend, with the overall trend leaning upward, but short-term retracement is possible. The overall sentiment in the morning remains cautious with a slight bullish bias; it is recommended to buy on dips.
For Bitcoin, look for bullish opportunities around 86,600-87,100, targeting 88,600-89,100.
For Ethereum, look for bullish opportunities around 2,890-2,920, targeting around 3,050.