The cryptocurrency market trends are traceable, not reliant on luck. Last weekend's strategy focused on swing trades, with Bitcoin and Ethereum both profiting. Previously analyzed that this week would mainly see a rebound after a pullback; currently, Ethereum has broken new highs, and the bullish trend continues; Bitcoin's momentum is slightly weaker, but there is still room for growth. This time, the strategy for Bitcoin yielded 4517 points, and Ethereum 644 points.
From a cyclical perspective, the four-hour chart showed prior downward movement with mostly bearish candles, breaking below the middle line to the lower line, indicating sufficient bearish release. Recently, a strong bullish candle has broken through the middle line, signaling a strengthening trend and accumulation of bullish power. The one-hour chart also shows bullish signals, with strong momentum and resonance between short and long cycles, indicating a market shift towards bullish dominance.
Weekend trading suggestions:
Buy Bitcoin in the range of 115700-116200, target 118500
Buy Ethereum in the range of 4750-4790, target 5000
