The market's pullback is never the end, but rather a preparation for the momentum in the trend. This morning, the major cryptocurrency rebounded after a dip to the low of 89242, currently showing a consolidation pattern around the key level of 91500. Both sides are engaged in a brief contest within this range. The Auntie cryptocurrency's trend is synchronized with the major cryptocurrency, also stabilizing and rising after a dip to the low of 3013 this morning, showing a short-term upward oscillation trend.
From the current perspective, the 4-hour candlestick has strongly broken through the middle band of the Bollinger Bands, with volume effectively increasing in sync, as the market continues to push towards the upper band, solidifying the medium-term upward structure. At the 1-hour level, the price ratio shows an oscillating upward trend, currently operating steadily above the middle band of the Bollinger Bands. Short-term resistance is concentrated around the previous key point of 91800, with the Bollinger Bands opening upwards. If the price ratio can effectively break through this resistance level, it is expected to further open up upward space. Currently, in the contest, the long side is gradually gaining an advantage, with a clear short-term trend leaning towards long, but it is still necessary to closely monitor the momentum release when breaking through the upper band resistance and whether the trading volume can continue to cooperate to confirm the sustainability of the trend.
Monday afternoon thought: Major cryptocurrency around 91000-90500 long, target around 93000.
Monday afternoon thought: Auntie around 3080 long, target around 3250.$BTC $ETH

