BTC poised to take off, ETH leads the way in a surge—comprehensive analysis of the bullish and bearish dividing line
Market Review: Yesterday, the core bullish and bearish dividing line for Bitcoin was clearly set at 116000. It has broken through and stabilized, with the target aimed directly at 119000. If it fails to stabilize, there is a risk of a pullback.
From the four-hour level, Bitcoin has effectively stabilized above 116000, continuing the bullish structure.
Ethereum, on the other hand, has performed even more aggressively, breaking through 3940 yesterday and continuing to rise. Not only did it surpass 4000, but it also directly surged past 4200, perfectly aligning with the previous prediction of "breaking through and attacking 4000-4100".
Overall, Bitcoin is steadily gaining momentum, while Ethereum leads the surge, and signals for further increases are accumulating.
BTC Trend Analysis
From the four-hour level: 116000 is the core bullish and bearish dividing line, currently stabilizing above it.
Key Possibilities:
1. If Ethereum oscillates at a high level above 4000, Bitcoin will likely follow suit and surge towards 117100. After breaking through, the target looks towards 119000-120000.
2. If Ethereum surges and then pulls back below 4000, Bitcoin may follow with a test of 116000. Once it breaks below and stabilizes, it will trigger a short-term downward trend, targeting 114300.
Daily Structure: 117100 is the bullish acceleration level, and stabilizing above it will open further upward channels; breaking below 116000 and failing to reclaim it will trigger a bearish trend.
ETH Trend Analysis
From the daily level, it is currently in a strong main upward trend with four consecutive bullish candles.
Core Levels:
4000: Bullish and bearish dividing line, stabilizing here will continue the offensive, targeting around 4380. If it breaks below 4000 and confirms the close below, it indicates that the pullback is valid, and breaking below will target 3730.
