The market was relatively calm over the weekend, remaining in a state of consolidation. The price of Bitcoin has been oscillating upward from the 96107 level in the afternoon, experiencing a pullback after reaching a high of 96988, but has continued to operate within this range. Ethereum, on the other hand, has been dominated by bulls, starting an upward trend from the morning low of 2614, currently reaching a high of 2797.
From a four-hour perspective, the market shows a three consecutive bullish candlestick pattern, maintaining an upward oscillation trend, with limited short-term pullback strength, and the main structure leaning towards bullish. From a one-hour perspective, the market has stabilized above the middle track, currently maintaining a slow upward trend with small steps, showing no signals of bearishness. The moving average indicators in the short cycle still reflect bullish momentum, and the structural pattern remains bullish, with a primary focus on bullish positioning as midnight approaches.
Bitcoin can be bought near 96200, targeting 98000.
Ethereum can be bought near 2750, targeting 2900.
