The ups and downs are the norm of life and are an essential test; the only thing that can defeat you is yourself. Anyway, the market hasn't disappointed us, the operational space is fully expanded, and the profit space is the same. The market momentum is very strong. From Monday to Wednesday, the market continued last week's unilateral trend, constantly probing upwards. Bitcoin has broken new highs, and Ethereum has approached the 4800 mark. What follows is the aftereffect of the surge, and the market shows a certain degree of pinning pullback, with Bitcoin retracing to around 116700 and Ethereum gradually stabilizing around 4360, steadily moving upward. The overall market has once again returned to the upward trend. This week's actual trading layout has also yielded significant gains, finishing with a record of 23 wins and 1 loss. Bitcoin successfully gained a space of 15123 points, and Ethereum gained 1724 points of space. Don't always complain that things don't go your way; ask yourself if it's because of a lack of skills. In the crypto world, if you keep looking back, you will never see the dawn. Moreover, don't keep hitting the wall; you must distinguish between sesame and melon.
From a technical perspective, the current market shows significant bullish dominance, with clear upward signals released at both the monthly and weekly levels. At the monthly level, the market continues to operate near the upper Bollinger Band, with the bullish trend dominating the process of constantly testing new highs. The K-line continues to extend upward in a five consecutive bullish form, becoming the core driving force for the market's upward movement. The Bollinger Band indicator is particularly prominent, with the three tracks' opening expansion trend continuously intensifying and showing a clear upward divergence pattern, intuitively reflecting the firmness of the market's bullish tendency. In terms of technical indicators, the market is completely controlled by bulls, with the bullish bar chart always hovering above the zero track and continuously moving upward to test the resistance level above; after the fast and slow double lines form a golden cross at the zero track, they maintain an upward extension and breakthrough trend, with bullish strength continuously accumulating and enhancing. Although there has been a slight pullback recently, its impact on the overall trend is extremely limited, and the pattern of bullish dominance in the market has not changed. The weekly level also confirms the strong bullish pattern, with technical indicators performing even more robustly. The fast and slow double lines have always maintained operation above the zero track, with no effective signs of pullback, and the upward trend continues to break upward. This week, although there was short-term resistance during the process of breaking new highs, the pullback was limited and did not have a substantial impact on the overall trend. After the weekend's adjustment, the market has gradually stabilized, returning to the path of bullish dominance and further consolidating the upward foundation.
This week's trading suggestion: Bitcoin in the range of 116000-113000; target 126000; breakthrough watch 130000.
This week's trading suggestion: Ethereum in the range of 4200-4000; target 4800; breakthrough watch 5000.
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