Latest analysis and operations for BTC/ETH on Monday daytime
The cryptocurrency world is never short of profitable opportunities; what is lacking is the decisiveness and foresight in the present moment. Most people always regret after the market has ended, yet they overlook the signals when the trend is just beginning.
The new week opened with a strong breakout. From last night to this morning, the market has surged with a strong upward trend, accumulating an increase of over 5000 points. The bullish momentum has been fully released, and we have also seized the trend, with Shipan directly completing the transformation.
From the 4-hour level, it currently presents a typical breakout upward trend. The K-line trend resembles a steady climber, each time it reaches a key resistance level, it completes a slight oscillation to accumulate strength, steadily advancing with the rhythm of 3-4 small upward lines paired with sporadic downward lines, rather than blindly rushing high. This "consolidating while rising" slow growth pattern essentially digests profit-taking through time for space, while waiting for further fundamental support to solidify the foundation for a mid-term rise. This kind of trend often indicates the continuity of subsequent market movements, requiring one to abandon impatience and wait for the technical correction to be in place before seizing the opportunity for a second breakout.
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Latest analysis and operations for BTC/ETH on Monday daytime
The cryptocurrency world is never short of profitable opportunities; what is lacking is the decisiveness and foresight in the present moment. Most people always regret after the market has ended, yet they overlook the signals when the trend is just beginning.
The new week opened with a strong breakout. From last night to this morning, the market has surged with a strong upward trend, accumulating an increase of over 5000 points. The bullish momentum has been fully released, and we have also seized the trend, with Shipan directly completing the transformation.
From the 4-hour level, it currently presents a typical breakout upward trend. The K-line trend resembles a steady climber, each time it reaches a key resistance level, it completes a slight oscillation to accumulate strength, steadily advancing with the rhythm of 3-4 small upward lines paired with sporadic downward lines, rather than blindly rushing high. This "consolidating while rising" slow growth pattern essentially digests profit-taking through time for space, while waiting for further fundamental support to solidify the foundation for a mid-term rise. This kind of trend often indicates the continuity of subsequent market movements, requiring one to abandon impatience and wait for the technical correction to be in place before seizing the opportunity for a second breakout.
BTC: Buy near 105000, look at around 107500.
ETH: Buy around 3600, watch near 3750
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