On Sunday night to early morning, Bitcoin fluctuated back and forth in the 103000/105000 range, while Ethereum rose nearly a hundred points above 2500 after the turning point.

On Sunday, the big pancake (Bitcoin) made another upward push in the morning session, with multiple attempts to break through the 105000 resistance level, followed by a pullback to around 104000.

The momentum for Yitai in the morning remains strong, having broken above the 2600 mark and pulled back by a hundred points, currently oscillating in the 2500 region.

Looking at the past two days over the weekend, Hangqin showed a fluctuating upward trend, with the volume not diminishing and the pullback strength being relatively small. As the high levels continue to test upwards, the support level is rising. Currently, on the hourly chart, Hangqin is running above the middle line of the Bollinger Bands, with the MACD around the horizontal level in the short term, leading to a standoff.

This indicates that the market is in a correction phase, but on the daily chart, the bulls have the upper hand. Tonight, pay attention to whether Hangqin can get close to the 105000/2600 positions again. If the bulls maintain upward momentum, it is expected to continue to test the highs next week.

Tonight, Yumi pulls back while the bulls continue to move forward.
Big pancake at 103800-104200, bulls looking to reach 105000.
Yitai at 2480-2500, bulls looking to reach 2600.