Kujingci: 2.3 Bitcoin/Ethereum long positions successfully pushed higher, bottoming out and rebounding to continue the upward trend

Last night, Bitcoin/Ethereum resumed their upward movement during the rally, pushing up to around 2395 and 79300 early this morning. Long positions gained over 110 points and 1700 points of profit. Currently, the market has pulled back after the surge, just near the four-hour MA support to stabilize. After a significant decline on the daily chart, a rebound and rally occurred, with highs and lows continuously switching, indicating a trend shift. Additionally, Bitcoin and Ethereum show a pattern of initial decline, followed by a rebound and sideways movement, mainly in the repair and bottoming phase. The four-hour RSI rebounded from oversold territory, and the MACD shows signs of forming a bullish crossover at low levels, indicating short-term downward momentum is easing. The pullback suggests continuing to go long.

Trading suggestions: Buy Bitcoin around 77,800, add to long positions at 77,000, with targets around 79,500 to 81,000; buy Ethereum around 2,290, add at 2,250, with targets around 2,360 to 2,400. Medium- and long-term targets remain at 84,000 and 2,700.