$BTC Reviewing last night's market action: Bitcoin rebounded from around 81,200 and reached a high of 83,439. It is now consolidating around 82,800, holding above the Bollinger Bands. The short-term rebound structure remains intact, but the area around 83,400 is resistance at the high of this rebound, and repeated tests have failed to produce a decisive breakout. Ethereum surged quickly from around 2,372 to a high of 2,478 before meeting resistance and pulling back. It is currently around 2,450. Its key overhead resistance is in line with Bitcoin's. Don't predict the market; just respond to it.
For Bitcoin bulls to extend the move, price must hold above 83,400 on increased volume to open up room to rise. Without increased volume and a breakout, the longer price consolidates at these highs, the greater the chance of a pullback. If it falls below 82,500, the rebound structure will be invalidated, and price may turn lower to retest support at 82,500. The short-term outlook is bearish. Ethereum has rebounded in tandem from its low, then faced resistance at the high and entered a high-level consolidation. However, buying pressure from those chasing the rally is insufficient, bullish momentum is weak, and the potential for an upside breakout is limited.
Bitcoin: Short around 83,400–83,000, target 81,000.
Ethereum: Short around 2,470–2,460, target 2,380#股票财报季