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Latest analysis and operations for BTC/ETH on Monday daytime
The cryptocurrency space is never short of profitable opportunities; what it lacks is the decisiveness and forward-looking vision of the moment. Most people tend to regret when the market has ended, while ignoring the signals at the moment when trends begin to sprout.
The new week opened with a strong surge. From last night to this morning, the market has experienced a powerful rally, with a cumulative increase of over 5000 points. The bullish momentum has been fully unleashed, and we have also seized the trend, with Shipan directly completing the transformation.
From the 4-hour level, there is currently a typical breakout upward trend. The K-line movement resembles a steady climber, each time it reaches a key resistance level, it completes a slight oscillation to gather strength, steadily advancing with a rhythm of 3-4 small bullish candles paired with sporadic bearish candles, rather than blindly surging high. This "consolidating while ascending" slow growth pattern essentially digests profit-taking through time for space, while waiting for further fundamental support to solidify the foundation for a mid-term rise. This type of movement often indicates the sustainability of subsequent trends, requiring a dismissal of impatience and waiting for a proper technical correction before seizing the opportunity for a second breakout.
BTC: Buy around 105000, looking at 107500.
ETH: Buy around 3600, look at 3750.
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