Bitcoin has demonstrated signs of recovery, bouncing back from a low of 81,000 to around 91,600. This upward movement suggests a potential bottom formation, although it is occurring gradually.

Ether has followed a similar trajectory, increasing from a low of 1,979 to approximately 2,280, indicating a coordinated market response. Analysts had anticipated this market behavior, enabling early participants to establish their positions.

• Technical indicators show that Bitcoin has undergone over twenty hours of slow adjustment on the 1-hour chart.
• Ether is beginning to show signs of an upward trend.
• The Bollinger Bands have adjusted, reflecting a bullish outlook.
• The 4-hour chart also indicates positive movement.

The next resistance level for Bitcoin is expected to be around 94,500, with recommendations to buy on pullbacks. Suggested buying ranges are:

• Bitcoin: 90,800-91,300, targeting 94,500.
• Ether: 2,200-2,230, aiming for 2,350.

Market participants are encouraged to remain patient as the upward momentum persists.

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