The weekend market is like this, with fluctuations in the market showing a state of repair and adjustment. The overall momentum in the market has entered a phase of accumulation and energy buildup, and there are not many overall opportunities. Bitcoin is like this, and Ethereum is even more so. In this kind of market, the key to trading is quick entry and exit, finding opportunities to hit and run, not chasing highs and definitely not being greedy. However, this is also our opportunity for long-term and swing trading. The ideal time to load up is definitely before dawn; the first wave to make a profit is always the best.
From the four-hour level, the market is distributed in the upper area of the Bollinger Bands, showing a small V-dragon shape, successfully continuing the previous wave's high, which is a normal repair and adjustment state. According to the MACD technical indicator analysis, the market is distributed above the zero line, mainly in solid bullish candlesticks, proving that the market's dominance is still in favor of the bulls. The fast and slow lines are about to form a golden cross, indicating that this wave of market adjustment is about to explode, and the market momentum is about to break through again. This indicator is even more obvious on the hourly level, where the fast and slow lines have already formed a crossover pattern, and the market momentum is about to explode. From the previous market continuation, the rebound trend is very clear, and the subsequent layout can follow the trend, continuing to look upwards, with Bitcoin focusing on the breakout tendency of 115500, and Ethereum at 4800.
Sunday morning trading suggestions: Bitcoin 115000-114600 range, target 116500-117000
Sunday morning trading suggestions: Ethereum 4760-4730 range, target 4880-4950
