$BTC Don't be too attached to every fluctuation—those ups and downs that keep you awake at night are, when viewed over a longer period, just a small wrinkle in the curve. A true navigator never doubts their direction due to a gust of wind, nor do they forget the risks because of a temporary tailwind.

The weekly market trend has also concluded. After last weekend's sharp drop, this week's overall trend has shown a one-sided upward movement. At the beginning of the week, the cryptocurrency price fell back to a low of 112600 after reaching 115600, then moved in a volatile upward direction. By the weekend, it had also broken through the high point of 119000. This week, the bullish trend was quite evident, and the bears did not manage to mount an effective counterattack. After Ethereum touched around 3730, it also gave a pullback to 3490, followed by a strong bullish push, leading the price to break through four historical highs: 4000, 4100, 4200, and 4300, with a weekly increase of 800 points. This week, the layout for Bitcoin had 13 long positions and 6 short positions, totaling 19200 points, while Ethereum had 12 long positions and 5 short positions, totaling 1300 points.

From the 4-hour K-line chart, the price shows an upward trend with fluctuations, forming a series of higher highs and higher lows, indicating that the bulls currently dominate the market. From the hourly level, the price is fluctuating above the mid-line, with the upper line constituting short-term strong resistance and the mid-line being a key support level. The MACD indicator is above the zero axis, with the DIF crossing above the DEA, forming a golden cross, but the red bar amplitude is narrowing, indicating that bullish momentum is gradually weakening. In the early morning, we can focus on low positions for long trades.

Buy Bitcoin near 118200, target 119500

Buy Ethereum near 4180, target 4300, #ETH走势分析