Today’s Market Outlook

From the daily chart perspective, today experienced a deep V-shape move, with a sharp decline followed by a strong rebound. Trading volume also increased, and the price has regained above the short-term moving average. Market sentiment is recovering, but on the weekly chart level, the overall trend remains somewhat weak and has not fully turned bullish.
Regarding indicators, the short-term moving average (7-day) has crossed above the mid-term moving average (25-day), and the MACD has also formed a golden cross, indicating that the short-term upward momentum is significantly strengthening, leaning towards a bullish trend.

Bitcoin: A pullback to around 69,500-69,000 could be a good entry point, with targets around 71,000-73,000.

Altcoins: A pullback to around 2,030-2,050 could be a good entry point, with targets around 2,100-2,200.
$BTC #当前行情抄底还是观望？
$ETH #Gate1月透明度报告
$GT #加密市场回调