Standing at the right spot, even pigs can fly; but only eagles know how to keep soaring when the wind stops. Going with the trend is the starting point, but ability is what sustains you. During the midnight to morning market, after a drop in the early hours, the price touched the 89,600 level, then rebounded in a choppy upward trend, reaching a maximum rebound of 91,338. Ethereum also tested the bottom a second time down to the 3,066 level, then received double-bottom support and saw a slow V-shaped rebound, accelerating upward in the morning to a maximum rebound of 3,146. In the article, we perfectly executed the bullish rebound strategy as planned: went long on BTC around 90,000, closed near 91,300 for a gain of 1,300 points; went long on ETH around 3,070, advised to exit near 3,130 for a gain of 60 points. Lao Chen’s trade records are always transparent, every setup is based on ample reasoning and evidence, facing gains and losses calmly, never hiding anything. Strict stop-losses are also the fundamental reason why we've been able to achieve long-term success in this space for so many years.

The four-hour chart shows strong rebound and breakout potential. After a period of consolidation, a double-bottom support has formed below in the short term, with lows gradually moving higher and multiple bottoms building solid support, showing a renewed strong rebound momentum. Prices are continually challenging and reclaiming the middle band. Recently, volatility in BTC and ETH has increased, and after the previous sharp drop, the bulls are currently brewing, with expectations of a pullback gradually decreasing. The continuation of a trend is a natural process of alternating rises and falls; pullbacks during an uptrend and rebounds during a downtrend are both normal. Currently, the recovery expectation is becoming stronger, so for the future, we continue to focus on the extension of the bullish trend, with short-term strategies mainly to buy on pullbacks.

This morning, BTC can be bought around 90,400-90,000 with a target of 93,000.

ETH can be bought around 3,115-3,100, with an initial target of 3,230$BTC $ETH