These days, the performance of Bitcoin and Ethereum has been quite typical — light trading during the holiday, with both coins repeatedly testing their respective ranges.

On the Bitcoin side, after the bearish retreat to around 86,400 yesterday, a rebound occurred. By early this morning, the buying strength began to increase, pushing the price up to around 88,000, essentially recovering the previous decline. From the daily chart, the price is still oscillating between the middle and lower bands, with candlestick patterns alternating between bullish and bearish. The appearance of lower shadows indicates support below. On the four-hour chart, the bearish momentum has decreased in volume, and after touching the middle band, the price faced resistance and pulled back. On the hourly chart, although the MACD bullish momentum is still increasing, it is also shrinking. While moving upward, short-term risks of pullback should be watched.

In terms of trading strategy, focus on the resistance after the rebound. Short-term resistance above is around 88,200 at the four-hour middle band, and the daily middle band at 89,000. The key psychological level is 90,000. Support levels below are at 86,500 and the lower band of the daily chart at 85,300.

Ethereum's rhythm is similar. The focus is on how strong the rebound can be, with 3,000 as short-term resistance and 2,900 as support. During the holiday period, this weak oscillation pattern is expected to continue, with volatility not likely to be too large.