From a technical perspective, Bitcoin currently has a key support zone to watch — the $896 to $906 range. If it can hold here, the upward rebound space will open up.

Looking upward, Bitcoin's short-term first target is still around the $96,000 to $100,000 region, and this initial rebound target is basically set in this area.

Now, let's look at Ethereum's performance. The support below is at $2,960 to $3,060, and the first hurdle to overcome upward is the $3,250 level. Whether this position can be effectively stabilized is very important — once it holds, there may be further upward movement to $3,500 to $3,600.

The real test zone is between $3,800 and $4,000. Whether it can break through and stabilize here will basically determine the next market trend.