Yesterday's market experienced a pattern of initial decline followed by recovery. After dropping to the 62000 level, it quickly rebounded, forming a V-shaped reversal pattern. The daily chart recorded six consecutive bullish candles, and overall market sentiment clearly improved.

The weekly chart closed with a small bullish candle with a lower wick, indicating that the medium to long term market has stopped falling and stabilized.
Switching to the 4-hour cycle, the deep V-shaped rebound was accompanied by increased volume, with major funds entering to accumulate positions. The Bollinger Bands are slowly expanding outward, and the MACD indicator is gradually turning into a bullish signal, confirming the medium to long term upward momentum.
The hourly cycle shows a wider range of oscillation, more frequent position exchange, and intensified long-short battle. The key short-term support is at the 63000 level. After stabilizing during the day session, one can take advantage of pullback opportunities to enter positions.
Trading Suggestions
BTC: Buy the dip in the 63000-63500 range, target 64500-65500, stop loss below 62500.
ETH: Position in the 1750-1780 range, target 1820-1850, stop loss below 1730.
$BTC $ETH $SOL