$ETH Counterattack! BTC surged 2000 points to break through 115000, ETH simultaneously rose aiming for 3700
Bitcoin staged a V-shaped reversal in the evening, strongly rallying nearly 2000 points from a low of 113577 to a high of 115520, currently slightly retracing to around 115000 for consolidation. Ethereum rebounded simultaneously, climbing from a low of 3573 to 3673, currently operating around 3650 for consolidation. In the evening, the Yunlu strategy accurately captured the market, with Bitcoin gaining over 1500 points and Ethereum gaining over 80 points.
Bitcoin formed a "bullish engulfing" pattern on the 4-hour chart, effectively breaking through the key resistance level of 114500, with MACD golden cross expanding, and RSI (65) entering a strong zone. Attention is focused on the psychological level of 116000 above, and support has moved up to 114500 (which turns into support after breaking). Ethereum broke through the neckline at 3620 on the 1-hour chart, forming a W bottom, with short-term moving averages in a bullish arrangement. There is selling pressure in the 3670-3700 area, and strong support is formed in the 3560-3580 range. One must be cautious of market sentiment changes after the US stock market opens; if BTC falls below 114500 or ETH loses 3620, one should be wary of retracement risks. The current bullish trend remains unchanged, but it is not advisable to chase highs blindly; it is recommended to adopt a phased entry strategy to control risks.
Bitcoin suggestion: Accumulate long positions in batches when retracing to the 114800-115000 range, with targets at 116000-116800; follow the trend to chase long if breaking 116000.
Ethereum suggestion: Enter long after stabilizing in the 3630-3650 range, with targets at 3700-3750
