#BTC资金流动性 BTC and ETH Market Review from Last Night and Future Outlook

Last night, many traders positioned short on Bitcoin in the 88,300-88,800 range and on Ethereum around 2,970-2,990. What was the result? The market indeed surged higher, but the pullback was also significant—Bitcoin retreated to 86,800, ETH dropped to around 2,930, then quickly rebounded. Overall, the profit potential for shorts is actually quite limited.

What is the current situation? Repeated oscillation at high levels. From a broader trend perspective, the recent upward momentum is still quite evident—key levels at 89,500 and 3,020 were touched before the market started to consolidate and correct. On the daily chart, both long upper shadows and long lower shadows appeared, indicating active struggle between bulls and bears.

How to interpret the technicals? On the 4-hour chart, the MACD's DIF and DEA are still negative, but the histogram is gradually shrinking. What does this mean? The downward momentum is weakening, and a rebound or sideways correction is likely imminent.

Here's a trading idea: Consider going long on Bitcoin in the 87,000-87,500 range, with targets at 89,500-91,000; for Ethereum, consider buying on dips around 2,930-2,950, with targets at 3,030-3,080.

Disclaimer: This analysis is for reference only. Markets are constantly changing. Please base your trading decisions on real-time data and bear the risks yourself.