$BTC Short-Term Market Analysis
Based on the current market conditions, this appears more like a rebound after a sharp drop than a bottom reversal. The market hasn't undergone sufficient accumulation at the bottom, nor has it experienced an extreme crash to clear liquidity. Therefore, the probability of directly starting a new bull market is low. It's more likely that the market will consolidate and form a bottom through a period of fluctuation.
It's not yet possible to confirm that the bottom has been reached, but we are getting closer and closer to the true bottom-fishing area. It's not too late to consider increasing your position when the key confirmation signal appears, and I will provide guidance at that time.
BTC's short-term price retraced to the 60-day moving average and found support, currently remaining within a valid rebound structure. As long as 61300 holds, the overall strategy remains to buy on dips, with resistance levels at 63400 and 64200, and strong resistance at 65500.
For ETH, the key level to watch is the strong resistance around 1850; whether it can break through this level will directly target the 2000 mark.