The big one has finally arrived! Bitcoin has returned to 100,000, and Ethereum has surged over 400 points back above 2,200. Current market sentiment is unprecedentedly high, with a short-term focus on resistance levels above and caution against the risk of pullbacks after a surge.
From a technical perspective, the market shows overall oscillation upwards, with the 4-hour MACD continuously expanding, indicating strong momentum. Although the RSI is overbought with pressure for a pullback, it remains in a strong zone overall. In terms of the market, the 4-hour chart is operating along the upper Bollinger Band, with pullbacks not breaking the upward channel, led by momentum; even though there was a brief counterattack from bears on the 1-hour chart, the Bollinger Band is opening upwards, and the MACD maintains a golden cross above the 0 axis, with the momentum trend unchanged. Therefore, the morning operation focuses on buying the dips in low momentum and monitoring indicator changes.
5.9 Morning Suggestions
Bitcoin around 102,300-102,800 with a target of 105,000
Ethereum around 2,150-2,180 with a target of 2,280
