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A new week begins, and after the strong pump of BTC last week, it entered a consolidation phase over the weekend. Yesterday afternoon to evening, the price once again experienced a small rise, reaching a peak around 118558 before facing resistance and pulling back. In the early morning, the price hit a low of 117245 before stopping the fall and stabilizing. In the short term, it still shows a pattern of oscillating upwards. Ether's performance is synchronized and has rebounded to around 4520. Although recent events delayed the timely update of strategies, the market trend is easy to grasp; just go with the flow.
From the market perspective, BTC's daily line briefly broke the upper track to reach a new high of 124545, followed by a full bearish K, pulling the price back to near the middle track. Subsequently, the price continued to run above the middle track, confirming the solid support of the middle track. The Bollinger Bands are flat, and both the moving averages and the KDJ indicator have entered the oversold area. Switching to the four-hour structure, the price range oscillation pattern remains unbroken, continuously operating near the middle track. The MACD indicator shows that the volume is continuously increasing. Combining this with the hourly line, the price is in a rising posture in the short term. In the future, we will maintain low positions to catch the rise. Ether's trend resonates, and we just need to identify key levels for synchronized bullishness.
BTC is hovering around 117300-116800, targeting 118500. Ether is temporarily looking at around 4480, with a target of 4580. Operate with strict defense, and do not engage in anything outside of the plan.