The subtle fluctuations in the current market may be the prelude to tomorrow's surging trends. Those who dare to venture ride the waves, and the wise seize the opportunity. There is no need to fear the ups and downs of the market; it is important to understand that every dip during a pullback is accumulating momentum for subsequent leaps. At the beginning of this week, the market continued the one-sided momentum from last week, pushing strongly upwards: Bitcoin broke through its historical peak, and Ethereum also approached the 4800 mark. After a surge, a pullback is a normal adjustment within the trend: Bitcoin fell back to around 116700, while Ethereum touched around 4360. Subsequently, these two major cryptocurrencies gradually stabilized, with their price ratios rebounding, and the overall trend returned to a Bitcoin-led rhythm.

From a technical perspective, the current market's bullish dominance is distinct, with clear upward guiding signals released at both the monthly and weekly levels. Specifically, on the monthly scale, the market continues to operate near the upper Bollinger Band, with the bullish trend establishing an absolute dominant position through repeated attempts at new highs. The candlestick chart shows a sustained five consecutive bullish candles, forming the core momentum driving the market upward. The performance of the Bollinger Band indicator is particularly crucial: the expansion of the three lines continues to strengthen, presenting an overall upward divergence, with a clear trend of upward breakthroughs, directly reflecting the firmness of the market's bullish momentum. The indicator level also shows a bullish control pattern—the bullish bars consistently operate above the zero line and continue to push upward to test the resistance area above; the fast and slow lines formed a golden cross at the zero line and maintain the rhythm of upward extension and breakthrough, with bullish strength still accumulating continuously. #美联储取消创新活动监管计划