In recent days, the outlook has remained bullish, and the price comparison has steadily increased. As the fluctuation range widens, the upward momentum of the market remains strong, repeatedly testing the 105,000 mark. Although each attempt at a high is accompanied by some pullback space, the overall trend structure shows no significant changes, and the pullbacks merely lay the groundwork for subsequent highs. In the morning, after the price comparison pulled back to the 103,500 line, it surged again to break through the 105,000 line. After Ethereum pulled back to the 2,481 line, it also provided a certain rebound space, reaching the 2,548 line. In the morning, the bullish position at 103,500 was suggested, and it rose to the 105,000 line, gaining 1,500 points. Ethereum was suggested to go long at the 2,480 line and exit at 2,540, gaining 60 points. No one will pay attention to your process, but many will pay attention to your outcome.
Since April, the overall market has established a technical structure of oscillating upward, with bottom support levels continuously rising, and the upward trend becoming increasingly solid. With prices consecutively breaking through key resistance levels, the cryptocurrency market has officially entered a bull market phase. Bitcoin has broken through the previous downward channel's suppression and has stood above the 105,000 mark, leading to heightened market expectations for its challenge of historical highs, with Ethereum closely following and successfully returning to a bullish stance. On a weekly level, Bitcoin has formed five consecutive bullish candles, with last week seeing a strong bullish candle that inevitably closed high, and this week is likely to continue this trend. Currently, it is too early to look bearish, and the 110,000 mark will certainly be tested. In the short term, the four smaller time frames are experiencing continued oscillation at high levels, with alternating bullish and bearish movements, limited pullback space, and still within a strong bullish trend.
Operational Suggestions
On Monday morning, Bitcoin can be bought near 103,500, with a short-term target of 105,000-106,000. This week, the mid- to long-term target can be a breakthrough at 108,000-110,000.
Ethereum can be bought at 2,460-2,480, with a short-term focus on the breakthrough situation at 2,600. This week, the mid- to long-term target can be a breakthrough at 2,800-3,000.