On the midnight of $BTC , Bitcoin showed narrow fluctuations, facing resistance and declining from a high point of 119149 in the evening, touching a low of 118066 at midnight before rebounding and rising to a high of 118930 in the early morning. Ethereum's performance yesterday saw it rise from a low of 4163 in the evening, reaching a high of 4258 at midnight before encountering resistance and falling back, with the early morning dipping to a low of 4187. Every significant price fluctuation is a test of mentality and understanding; overcoming oneself is the way to embrace wealth.
From the market performance perspective: the daily level shows a step-like upward trend, having broken through the middle line of the Bollinger Bands. During this period, although there were pullback actions from the bears, the strength was limited, and the overall trend is gradually turning towards a bullish dominance; the four-hour level presents a “step back after each advance” oscillating upward rhythm, not only breaking through the upper line of the Bollinger Bands but also with the Bollinger Bands opening upwards, and all moving average shapes indicating bullish superiority, although short-term attention should be paid to the possibility of a pullback. In summary of the overall trend, each bullish surge is accompanied by slight pullbacks, but these pullbacks are hard to sustain, so it might be advisable to adopt a strategy of buying on dips after retracements.
On Monday morning, it is recommended to place long positions around 118500 for Bitcoin, targeting to see 119500 and continue looking towards 121000.
On Monday morning, it is recommended to place long positions in the range of 4200-4230 for Ethereum, targeting to see 4300 and continue looking towards 4350#ETH走势分析 #币安Alpha上新 #特朗普加密新政 #美联储比特币储备 #美SEC批准流动性质押 .