#加密生态动态追踪 Early Morning Market Analysis: BTC and ETH Technical Trends

Tonight, the crypto market remains relatively quiet, with Bitcoin and Ethereum both in a slow recovery phase. Both assets have experienced significant declines, and the current rebound appears somewhat weak, which is a typical sign of oversold conditions lacking follow-through buying.

**Bitcoin Situation**

Looking from early morning, BTC's lowest point touched 89200, then rebounded to around 89982. However, the upward momentum is gradually weakening, lacking the strength for sustained upward attack.

Key levels:
- Resistance above: the round number 90000 is the first hurdle, and above that, 90600 is the highest point of the intraday rebound;
- Support below: 89800 is the short-term rebound neckline, and below that, 89200 is today's bottom. If this level breaks, the bears could push further down to the 88800–89000 zone.

The candlestick pattern shows an "abrupt decline followed by slow rebound"—a rapid drop with a gradual recovery, indicating market sentiment has not fully warmed.

Expected early morning trading will likely be dominated by sideways movement, with BTC oscillating between 89200 and 90600. As trading volume is light overnight, both bulls and bears have temporarily found some equilibrium. To break upward, volume must pick up to stabilize above 90600, opening a chance to test 91000, though this is unlikely. On the downside, a break below 89200 would turn focus to the 88800–89000 levels.

Trading idea: Consider a small long position around 89200–89800, with stops at 88800, targeting 90600–91000. If the price rebounds near 90600–91000, you could also try shorting with a stop at 91500 and take profit around 89600. If the price breaks below 89000, add to short positions targeting 88500. If it breaks above 91000, stay on the sidelines and avoid chasing highs.

**Ethereum Rhythm**

ETH dipped to 3143 today, then rebounded to 3186. However, once approaching around 3200, selling pressure emerged, causing the price to fall back. This indicates strong resistance from sellers at this level.

Position analysis:
- Resistance mainly around 3200 and 3214;
- Support levels: the short-term rebound neckline at 3180, and if broken, the strong support is today’s low at 3143.

From volume perspective, the rebound shows decreasing trading volume, suggesting this rally isn’t a trend reversal but a typical weak recovery.

Early morning, the market is likely to remain weak and sideways, with ETH oscillating within 3155–3210. Breaking through 3214 is difficult; only if volume increases and it stabilizes above that can it attempt to test 3220–3230, though the chances are low. On the downside, losing 3180 would mean testing 3143, and if broken, the next support is around 3120–3130.

Operational ideas: A small long around 3155–3180 with stops at 3140 and targets at 3210. If it rebounds near 3195–3214, consider shorting with stops at 3225 and taking profit at 3190. Breaking below 3143 can be shorted toward 3120; breaking above 3214, pause and avoid chasing the rally.

$BTC $ETH Early morning watch is essential; during quiet market conditions, volatility tends to be low. Patience and waiting for clearer directional signals are more reliable.