Monday daytime BTC/ETH latest analysis and operations
The crypto market never lacks opportunities for profit, but what is lacking is decisiveness and foresight in the present. Most people only regret after the market has ended, ignoring the signals when the trend begins to emerge.
The new week opened with a strong explosion. From last night to this morning, the market has experienced a strong upward trend, with a cumulative increase of over 5000 points. The bullish momentum has been fully released, and we have also seized the trend, directly achieving significant gains.
From the 4-hour perspective, it currently shows a typical breakout upward trend. The candlestick pattern resembles a steady climber; every time it reaches a key resistance level, it completes a slight fluctuation to accumulate strength, steadily advancing with 3-4 small bullish candles paired with occasional bearish candles, rather than blindly rushing to new highs. This slow upward pattern of 'consolidating while rising' essentially digests profits through time for space, while waiting for further positive fundamentals to strengthen the foundation for a mid-term rise. This kind of trend often indicates the sustainability of subsequent market movements. It is necessary to abandon impatience and wait for technical corrections to be in place before seizing the opportunity for a second breakout.
Bitcoin: Long around 105000, target near 107500
Ethereum: Long around 3600, target near 3750