Group 1: Bitcoin Market Analysis - Bitcoin market showed a rebound after dipping above the $90,000 mark, indicating strong support in that area [1] - The market sentiment shifted from pessimism to cautious optimism, with a notable recovery in price to around $93,400 [1] - The price rebound is characterized as a technical correction rather than a trend reversal, as trading volume did not significantly increase [1][2] - The market is currently in a "sharp drop followed by a quick rebound" phase, lacking sustained momentum in either direction [1] Group 2: Trading Strategy - The core strategy in the current volatile market is to accurately identify critical support and resistance levels [2] - If prices break below key support levels, it may trigger panic selling; conversely, maintaining support could open up upward movement [2] - The Bollinger Bands indicate a narrowing range, confirming the market is in a consolidation phase with unclear short-term direction [2] - A range-bound trading strategy is recommended, focusing on buying low and selling high to avoid emotional trading [2] Group 3: Ethereum Market Analysis - Ethereum's market saw a significant increase in bullish momentum, recovering the key psychological level of $3,180 and reaching a high of $3,239 [5] - The market remains in a neutral state, with no clear trend established, as both bulls and bears contest key support and resistance levels [5] - Two potential scenarios for short-term price movement are identified: testing support before a rebound or facing resistance leading to a downward move [5] Group 4: Trading Recommendations for Ethereum - A buying opportunity is suggested in the $3,120-$3,090 range, which is near previous trading volume clusters and long-term support [7] - If prices stabilize above the middle Bollinger Band, upward targets may be adjusted; however, caution is advised if prices face further downward pressure [7] - A quick in-and-out trading strategy is recommended, with attention to Bitcoin's market movements and macroeconomic changes [7][8] Group 5: Overall Market Sentiment - The overall cryptocurrency market is in a transitional phase, with both Bitcoin and Ethereum remaining in a consolidation range [8] - Investor sentiment is cautious, focusing on the battle for key support and resistance levels [8] - It is advised to maintain a rational investment approach, avoiding excessive expectations of a single trend and focusing on range-bound trading [8] - Attention should be given to upcoming U.S. macroeconomic data and Federal Reserve statements, as these could influence market sentiment [8]