$BTC The market has been quite active, with Bitcoin and Ethereum bouncing back and forth. During the midnight session yesterday, Bitcoin maintained a narrow range of fluctuations. The price faced resistance and declined from the 119094 range point last night, hitting a low of 118010 before rebounding. In the early morning hours, it climbed back up to around 119490. On the Ethereum side, the trend showed a decline after probing the range but then moved upward again. It faced resistance after reaching 4257, and by early morning, the price dipped to a low of around 4184, but has since rebounded to around 4284. The recent market has been surging constantly, with opportunities everywhere. Choosing the right direction and pinpointing the right levels will naturally lead to profits.

Bitcoin shows a bullish trend on the four-hour chart, gradually breaking through the upper Bollinger Band, with the bands opening upwards and all moving average indicators showing bullish dominance. However, the KDJ indicator's K and J values have entered the overbought zone, indicating a short-term risk of pullback. Overall, Bitcoin's price tends to experience minor pullbacks each time it rises, though these pullbacks lack continuity. Ethereum's four-hour chart shows consecutive bullish candles, with the Bollinger Bands maintaining an upward opening, indicating the overall upward trend remains intact. Even if there is a technical pullback in the short term, its strength is relatively limited. Observing the one-hour chart, the market exhibits a bullish trend described as two bullish candles wrapping around one bearish candle. Although the KDJ and RSI indicators have started to turn downward, the MACD histogram is gradually shrinking below the zero axis and approaching it. The indicator lines are slowly converging from below, showing signs of a golden cross, indicating the overall trend is shifting from weak to strong. Therefore, the morning operation suggests focusing on low Bitcoin strategies.

Monday morning strategy: Bitcoin: 118500-118800, target around 120500.

Monday morning strategy: Ethereum: 4230-4260, target around 4400.