Monday Evening Bitcoin/Ethereum Market Analysis and Trading Suggestions
Market Analysis (Four-Hour Level)
• Structural Features: Currently in a step-up trend, the overall movement remains strong, but the upward space is limited, characterized by 'meandering fluctuations, with each step looking back'—the lows are gradually being raised, and adjustments primarily consist of slight downward movements to build momentum, which is a normal correction after reaching new highs.
• Market Rhythm: The bullish trend is healthy; although the upward speed is slow, do not underestimate the attacking momentum. Each round of pullbacks presents opportunities for bulls to enter; the retracement signals adjustment rather than a trend reversal. The market has formed a regular rhythm of 'rising to new highs + pullback corrections'.
Trading Ideas
• Bitcoin:
◦ Long Entry Point: Around 107000
◦ Target Price: Initially look at 108900 for short-term, and after breaking through, target 109500
• Ethereum:
◦ Long Entry Point: Around 2450
◦ Target Price: First target 2550, second target 2600
Precautions
• Maintain solid defense (Bitcoin reference below 106500, Ethereum reference below 2420) to avoid stop-losses from fluctuations;
• The market is primarily in upward fluctuations, do not chase shorts due to short-term pullbacks, maintain a long mindset in line with market trends.
(This analysis is for reference only; trading must consider real-time market adjustments and risks.)