Based on the current market situation, Bitcoin experienced a generally weak oscillation in the morning, with very limited volatility, and the price has consistently held above the 77,300 level. The market repeatedly tested lower levels but failed to break downward effectively, fully indicating that there is sufficient support from buying funds below, and the support strength is particularly strong.

Currently, the market is gradually beginning to rebound steadily, with the short-term trend completely stabilizing after a decline, and the reversal and recovery are clearly underway. The four-hour candlestick chart has consecutively formed lower shadow wicks, indicating that the bearish selling momentum is continuously weakening, and the downward space has been significantly compressed. The key support levels below have been repeatedly tested and confirmed, with solid and reliable defense. As long as there is no substantial break below during the day, the short-term bottom formation can be officially established.

The Bollinger Bands are gradually flattening, and the market has entered a recovery and upward correction phase. If the price can stabilize above 78,500, the first rebound target can be set at the previous high range; after a successful breakthrough and stabilization, the bulls will further open up upward space and continue the rebound trend.

Based on the overall indicators and structural patterns of the market, under the premise that key support holds effectively, it is recommended to focus on buying on dips and follow the trend to position for a bullish market.

Trading Recommendations

Bitcoin: Buy in batches within the 77,500-78,000 range, targeting around 79,000.
Ethereum: Buy on dips within the 2,290-2,330 range, aiming for around 24,000.