Good morning! The market trend in the early hours has again been precisely grasped, following the strong momentum of yesterday evening's fluctuations. The main coin surged to a high of 104162 in the early hours today, then pulled back to a low of 102500 before moving into a fluctuating upward trend, and the layout within this range was decisively captured. The alternative coin saw a decline from a high of 2603 to around 2530, then consolidated for a while, showing a rebound in the morning and currently still in a fluctuating adjustment.
Overall, in terms of structure, we are still in a stage of fluctuating adjustment. The two previous bottom tests are gradually forming a solid base, laying the groundwork for subsequent upward movement, and after gradually completing the top-bottom conversion, the main coin is making a strong return.
On the four-hour chart, the fluctuating market remains. This week, the coin price has mostly been operating between the upper and lower bands, belonging to a clear phase of fluctuating adjustment and accumulation; the warming upward of technical indicators also indicates that intra-day trading will mainly be characterized by fluctuating upward movements.
On the hourly chart, fluctuations are even more pronounced, with every wave of highs followed by pullbacks. Accompanied by a reduction in the volume of the main coin, the upward speed has slowed; in terms of technical indicators, MACD still shows a trend of divergence and upward movement, while KDJ's trend is flat, with the main coin occupying a slight advantage in the short term.
In the morning, for the main coin, consider going long around 103000, aiming for 104500; for the alternative coin, consider going long around 2530, aiming for 2650.
