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A new week begins, and BTC and Ether have experienced a strong pump over the weekend but have temporarily calmed down. In the early morning, BTC dipped to around 118000 and started to rise again, reaching a high of about 119221. Last night's outlook was completely validated, and Ether also dipped to around 4150 for a brief adjustment before skyrocketing to around 4331. The thoughts shared earlier clearly indicated the best get on board opportunities and where to exit, and the profits were once again served on a platter—it's just a matter of who got to eat.
From the current market perspective, BTC is experiencing a fluctuating upward trend on the four-hour chart, with not much given during the pullbacks, but each pullback has provided signals to get on board. The moving averages are in a bullish arrangement, and there are no signs of weakening upward momentum. The hourly level shows a stair-step rise, and the price is currently in a recent high consolidation. There may be a slight pullback in the short term, but it also presents new opportunities to get on board. Focus on the key short-term support level at 118000. The MACD has formed a golden cross and is continuously diverging upwards. Overall, the bullish momentum is strong, and there is potential for the price to break the 120000 mark within the day, with Ether moving in sync with the bullish outlook.
Get on board near BTC 118700, target around 121500, pay attention to defense below, timely observe the market information, and make adjustments.
Ether around 4220-4190, target near 4350