U.S. stocks closed on Tuesday, with the Dow down 0.83%, the Nasdaq up 0.91%, and the S&P 500 up 0.41%. Tech stocks mostly rose, with Intel up over 3% and Amazon up over 2%. Near the close, spot gold hit a new high of $5190 per ounce! The crypto market rebounded across the board, with contract markets exploding with shorts. Bitcoin is currently at 💎, up 1.56%, Ethereum broke through $3000, and altcoin sectors showed significant rotation. Stay tuned as EIBO will continue to track key signals such as Federal Reserve policy implementation, institutional fund flows, and on-chain data changes, providing real-time updates on layout strategies and target dynamics.



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Bitcoin's recent trend from yesterday to today shows a typical pattern of oscillating upward acceleration. It started oscillating upward from around $87,500 yesterday morning, reached a high near $88,900 at midday before encountering resistance and pulling back, then retreated to the support level of $87,500 in the evening before gaining support, and then rebounded again to around $88,700. Overall, it maintained a narrow range of oscillation. During the early hours, a turning point occurred: after a brief pullback to a low of $87,250, the bulls suddenly gained momentum, triggering a violent surge. As of now, the price has strongly broken through $89,500 and successfully moved above the previous oscillation upper boundary. From a technical perspective, the daily candle closed bullish, ending the previous days of oscillation and bottoming pattern. The moving averages are showing signs of turning upward, providing structural support for subsequent rebounds. The 4-hour chart looks healthier: after breaking through resistance zones at $88,800–$89,500, a clear upward trend line has formed, with volume increasing simultaneously, indicating strong bullish momentum. Regarding resistance and support, maintaining stability around $89,500 is crucial. If the price can hold above this level, it may challenge the $90,500–$91,200 zone, further expanding the rebound space. Support levels move up to the $88,000–$88,500 range, which is the core of previous oscillations and an important short-term upward trend support line.

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Ethereum's intraday trend is highly synchronized with Bitcoin, showing even stronger volatility elasticity. It started oscillating upward from around $2,890 yesterday morning, reached a high of $2,955 at midday before pulling back, and in the evening, when it dipped near $2,898, it was supported by increased funds. Then, leveraging the high opening of U.S. stocks, it quickly surged, reaching a high of $2,998. A brief fake-out correction occurred during the session, quickly dropping to $2,916 before stabilizing. Bulls regained momentum, pushing the price up to $3,028, creating a recent rebound high. The bullish trend continues. From a technical perspective, Ethereum's daily chart successfully recovers from previous declines, returning above the key psychological level of $3,000, breaking the prior weak oscillation pattern. In the short term, resistance is focused at $3,050, which is not only a previous resistance zone but also an important pressure area for the moving averages. A volume breakout above this level could further open the upward space, with potential targets in the $3,120–$3,150 range. Support is mainly at $2,955, which is the previous breakout retest level and an important support line for bullish sentiment. If this level is lost, it could trigger a short-term correction.
BTC-1,05%
ETH-0,78%
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CryptoDiscoveryvip
· 03-10 03:02
LFG 🔥
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