From the four-hour level, the consecutive upward candlesticks highlight that the momentum has become unstoppable. Once it breaks through the key resistance levels, it will inevitably be accompanied by increased volume. The explosive rise of the momentum was anticipated and is the inevitable result driven by the trend structure. We have previously pointed out that the current market conditions present an opportunity to enter the momentum, even without a pullback, short-term follow-ups can still be aimed higher. Therefore, the direction of future market movements is clear, and the main momentum strategy remains the core focus, with following the momentum as the main theme. In the short term, there may be a certain degree of correction in price comparisons, but it should be made clear that corrections are not reversal signals. After the correction, we still need to return to the momentum mindset, and this correction is merely to accumulate energy for a better rise ahead, laying the foundation for a new surge in momentum.
Operation Suggestions
Bitcoin around 11600 momentum Target first at 118000
Ethereum around 2930 momentum Target first at 3030