#我在Gate广场过新年 The early morning bottoming and rebound trend confirmed the effectiveness of the support below, and the market once again showed positive signs of stabilization. After accurately touching the $66,000 level, which is a previous high-volume trading zone, Bitcoin quickly rebounded, and a small W-bottom pattern has formed on the hourly chart. With the MACD indicator crossing upward and expanding, as long as the price stays above $66,500, there is potential for a short-term test of the $67,500-$68,000 range.

Ethereum's rebound structure is even clearer. After gaining strong support around $1,920, its rebound strength exceeds that of Bitcoin, and it has now re-claimed the $1,960 level. From the 4-hour perspective, Ethereum is oscillating upward along the MA5 moving average, with the KDJ indicator turning upward, indicating that market sentiment is recovering. If it can effectively break through the resistance zone of $1,980-$2,000, further upside space will be opened.

Overall, the sharp decline in the early morning is more likely a shakeout of short-term holders. Before the key support area is broken, the current rebound should be seen as the beginning of a short-term trend reversal. In terms of operation, the recent low can be used as a risk control reference, maintaining a strategy of buying on dips.