Tonight, the cryptocurrency market remains hot. After Bitcoin and Ethereum surged higher, they have begun a phase of consolidation and correction.

Bitcoin opened with a rally, reaching a short-term high of 93,359. The buying momentum slightly weakened afterward, but the price was immediately supported when it dropped to 92,102, with no significant decline. Currently, it is fluctuating slightly around 92,900, still showing overall strength. Ethereum is moving in sync with Bitcoin, starting to rise at the open, reaching a high of 3,219. It then retraced with Bitcoin to 3,134, stabilized, and rebounded. Now, it is oscillating around 3,160, remaining within the recent high-range zone.

The U.S. military has detained Maduro, causing geopolitical tensions to escalate. Risk aversion sentiment has increased, and Bitcoin has also stabilized at high levels. Everyone is now watching Venezuela’s $60 billion Bitcoin reserves. Any future changes could lead to significant market volatility.

From a technical perspective, Bitcoin’s daily chart shows three consecutive bullish days, oscillating between 92,000 and 93,500. Resistance is at 93,359, support at 92,100. Buying power has not yet been exhausted, but caution is advised for a potential pullback. Ethereum’s trend is even stronger, oscillating between 3,130 and 3,220. RSI has not yet entered overbought territory. Currently, it’s a good opportunity to buy on dips during a correction. Those already holding long positions can continue to look for higher targets! Do not chase the highs! Be sure to implement risk protection!$BTC #ETH走势分析