Monday Evening BTC/ETH Analysis and Operations
During the day, both Bitcoin and Ethereum have opportunities. I, Shipan, have already created the first wave of profits this week! Tonight, I will continue to observe the oscillation and breakthrough situation, not guessing or betting on long or short, but rather making conclusions through analysis combined with Shipan's situation!
From a technical perspective, a clear wave-like upward characteristic has emerged: the market not only continues to break through key resistance levels, but the low points of the pullbacks are also rising simultaneously, forming a clear bullish staircase pattern. Although there may be technical pullbacks after a phase of upward movement, the adjustment range remains controllable and does not substantially impact the overall upward trend.
On the 4-hour level, the main oscillation range is locked between the middle and upper bands of the Bollinger Bands, with the upper band forming short-term resistance, while the middle band continues to provide effective support, becoming the core defense line for the bulls. Currently, it is once again testing the resistance of the upper band on the 4-hour Bollinger Bands, and attention should be paid to the strength of the breakout in the short term.
Bitcoin is long around 1140, looking at 1160, 1170.
Ethereum is long around 4100, looking at 4250, 4350.
$BTC $ETH $BNB #BNB创新高 #加密市场反弹 #币安HODLer空投EUL