Brothers, good evening. The market has fluctuated over the weekend and is maintaining around the price level from last Friday night. Currently, the market is stable, and the lower timeframe indicates a bullish trend, with a feeling that it wants to continue to surge. Tomorrow morning at eight o'clock, we will close the weekly chart, so tonight we should focus on the tops and bottoms of the consolidation area. The bears should avoid the spotlight for now; the main strategy is to buy on the dips.
Night market analysis, for Bitcoin, we should look at the bottom of the consolidation area at 117800. If it breaks below, we will look at the positions of 117150-116280-115100 to enter long positions. Currently, it seems to have broken through the top of the consolidation area, so we should buy on the dips. Don't hesitate; the resistance levels to watch are 119480-120230-121000.
Ethereum's 4-hour chart has stabilized during the night; we first need to see if it can hold above 3825. If it closes above 3825 at midnight, there is a high probability it will surge. The resistance levels to watch are around 3863-3903-3947, and the support level below is at 3753. If it breaks this level, the 2-hour chart will begin to pull back, with support levels around 3716-3683-3636. After a week of accumulation, the market is likely to show direction next week. Brothers, please be cautious when trading; if you make a wrong directional bet, stop loss immediately without hesitation. You can reverse and recover your losses. Don't hold onto losing positions; the ultimate destination of holding onto them is zero. #以太坊交易量反超比特币 #ETH重返3800