$BTC Cryptocurrency Circle's baptism tests faith, lying low in the valley only to rise high. Adversity sharpens willpower, igniting the desire for victory. Last midnight, Bitcoin's price first rose to around 119550, then faced pressure and fell back, until it hit a low of around 118709 before stopping, and then rebounded again, reaching a high of around 119747 in the early morning. Ethereum's performance synchronized with Bitcoin, with its price falling back after reaching a high of around 3868, until it hit a low of around 3816 in the early morning before rebounding. Last midnight, the Yang Jie team strategically entered Bitcoin and Ethereum at 118747 and 3809, respectively, with Bitcoin gaining 950 points and Ethereum gaining 51 points.

From the market performance perspective, after three consecutive bearish candles, the daily chart has shown two consecutive bullish candles in a rebound. The Bollinger Bands maintain an upward opening shape, with the middle band moving upward simultaneously, and the previous bearish candles having long lower shadows, indicating strong support at the middle band. As long as this position is not broken, the probability of continuing upward movement remains high. Switching to the four-hour chart, the market shows a step-like upward characteristic, with the price continuously approaching the upper band of the Bollinger Bands, and the current K-line has formed a bullish pattern. The overall trend is clearly led by bulls. However, it should be noted that the bullish candles have left long upper shadows during the upward process, indicating some selling pressure above, so the market is likely to experience a technical correction before embarking on a new round of upward movement.

On Monday morning, Bitcoin is suggested to be positioned in the range of 118500-119000 for long positions, with the target focusing on 123000.

On Monday morning, Ethereum is suggested to be positioned in the range of 3810-3840 for long positions, with the target focusing on 3950#BNB创新高 #ETH重返3800 #GalaxyDigital抛售比特币 #以太坊交易量反超比特币 #币安Alpha上新 .