Bitcoin breaks through the fluctuation, Ethereum's strength continues

After fluctuating for 4 days, Bitcoin broke through 116,000, likely starting a 4-hour upward trend. The previous prediction was either a secondary high point (at least 118,000, normally looking at 120,000), or a new high. Currently, the latter is more favored, expecting to at least touch around 126,000.

Short-term Bitcoin trend

The 1-hour structure is a bit chaotic, but the pullback from 115,720 to 112,650 can be seen as a 1-hour pullback. Currently, the third wave of the 1-hour upward trend is in progress, initially looking towards around 120,000. There may be another 1-hour pullback and rise afterward; if it breaks through 120,000 before Sunday, the next target is 126,000. If the 15-minute level can break through 117,500, it will rush directly towards 120,000; if it does not break through, it may pull back to 115,000 before rising again.

Ethereum trend is stronger

Ethereum has broken through 3,740, likely not a 4-hour pullback, but a continuation of the previous 4-hour rise. The first target is 4,100, and if it breaks through, it looks towards 4,500. Unless it falls back below 3,600, it may start a new 1-hour downward trend.

Trends across periods: Weekly and daily lines continue to rise; 4-hour, 1-hour, and 15-minute levels are all in an upward trend, with Bitcoin targets at 120,000 and 126,000, and Ethereum aiming at 4,100 and above. $BTC $ETH $SOL #ETH巨鲸增持