Bitcoin / Ethereum, the weekend rally broke through, can it continue to rise in the short term?

Is last week's oscillation and accumulation just for a better breakout this round?

Within the day, Ethereum surged to 3160, Bitcoin to 91600, and Sol to 135.

The US dollar index retreated after rising, and the monthly line recorded a long lower shadow large bearish candle. This type of pattern usually also indicates subsequent pressure for a pullback and breakdown. Compared to Bitcoin, the market impact can be summarized as follows:

1. Liquidity environment expectation: A weakening dollar usually reflects increased market expectations of the Federal Reserve's easing policies. Potential liquidity improvement may boost the price performance of risk assets like Bitcoin.

2. Safe-haven sentiment shift: The safe-haven attributes of the dollar and Bitcoin show a competitive relationship at certain stages. When the dollar is weak, some funds may shift to cryptocurrencies seeking hedging or excess returns.

3. Technical mapping: The large bearish candle on the dollar's monthly chart indicates downside risk. Bitcoin may receive indirect support at the cross-market correlation level, but attention should be paid to its own supply-demand structure and market sentiment changes.

4. Macro scenario projection: If the dollar index breaks below the monthly support, Bitcoin may attract incremental attention during local capital reallocation. Overall, the short-term rebound remains the dominant theme.

In short, Bitcoin's price has surged again today. This trend should be taken seriously. From the four-hour chart, the previous sideways consolidation range has been broken upward. On the daily chart, the candlestick has directly broken above the upper Bollinger Band. The rebound volume still shows some continuation space. Given this market structure, a short-term small-scale rebound still exists.

Bitcoin is bullish around the previous resistance of 90,500. In the short term, focus can be on 92,600. The small-scale resistance is 94,000. Remember, this is just a small rebound, not a return to a big bull market. When the price truly rises near 94K, we can consider key levels for a pullback and rebound. If the 94K level is broken and stabilized, position protection can aim for 95K.

To sum up briefly, the current thinking is simple: take advantage of the rebound to go long. Finally, I wish everyone a happy weekend…#今日你看涨还是看跌？ $BTC $ETH