The coin price has rebounded significantly after dipping below the low point of 112k, reaching a high of 115k. Currently, the coin price continues the previous upward trend, exhibiting a slow upward oscillation. The market has shifted from the previous weekend's sluggish sentiment, and after a substantial pullback, the coin price gave a rebound of over 2,000 points yesterday. Due to personal reasons, there wasn't much real trading activity in the market over the weekend. This round of rebound has not yet ended, and we can continue to observe the continuation of the rebound in the short term.

From the daily chart, after a series of consecutive declines, the coin price closed with a medium bullish candle, allowing the coin price to return to normal operation within the indicators. This round of rebound has recovered part of the significant drop previously, and the Bollinger Bands are gradually narrowing. The previous downward trend came to an end over the weekend. Looking at the four-hour chart, after hitting the lower low, the coin price has shown a slow upward trend with consecutive small bullish candles. After the lower band faced pressure, the coin price gradually crossed above the middle band. The MACD energy bars indicate that bullish momentum is gradually strengthening, and the fast and slow lines are showing accelerated divergence. In the short term, bulls dominate the market, and the coin price still has the momentum to continue rebounding to higher levels. Although the overall downward structure at the daily level has not changed, we can maintain a short-term bullish strategy for positioning.
Buy Bitcoin around 114300-114000, pay attention to around 115500. Buy Ethereum around 3530-3500, pay attention to around 3600.
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