Wednesday midday market analysis

The House of Representatives has passed the appropriations bill and is about to send it to Trump for signature, ending the government shutdown. The market's duration of the shutdown was roughly in line with our expectations, so now the focus is on when the decline will stop. Currently, Bitcoin is approaching the 71,300 level, which is also a previous central upper boundary. We will notice that in the past two days, the price has been oscillating around 76,000, as MicroStrategy's cost basis is near 76,000. There are no clear signs of a bottom at this level yet, but given the previous accumulation zone around 71,300, a rebound is likely. Watch whether it can stabilize above 78,000; if it cannot, the trend remains downward. In summary, intraday, we can monitor whether the four-hour divergence continues and whether the candlestick can return to the zero axis for a rebound. Overall, this level may see a small rebound, with support at 73,100-71,300 and resistance at 77,700-79,000.
Ethereum is similar; currently, there is no complete bottoming out. The key point to watch at this level is the four-hour correction. In summary, as long as it does not break 2,175, there could be a small rebound, with attention around 2,370.
BTC trading suggestions: Long positions around 75,500, take profit at 76,800-77,800, stop loss at 74,800.
ETH trading suggestions: Long positions around 2,250, take profit at 2,320-2,380, stop loss at 2,200.