Looking back at yesterday's market, the price continuously tested the upper resistance level, with the market reaching a high of 105878 before being blocked and falling back. The current resistance level at 105800 remains strong, and the weekend did not provide a breakthrough, transitioning into a sideways consolidation trend. Ethereum mirrored the BTC movement, testing the 2545 level at its highest, but did not manage to break through 2550. With the weekend market being dull and the price fluctuations being minimal, there was a momentum to test the upper resistance level, and the strength of the long positions is evident. The overall market pattern perfectly aligns with our expectations.

From the daily chart, we can see that after two consecutive bullish candles, the price has recovered to run near the middle band. The Bollinger Bands are still in a flattening state, and the market is under pressure at the middle band. If the short-term high resistance at 105800 is not broken, there will still be a certain trend of fluctuation. Looking at the four-hour chart, it shows a unilaterally upward movement. Although the Bollinger Bands are opened, they have not fully opened yet. However, the current structure is showing high-level fluctuations and accumulation. The support below is still moving upwards, and the failure to break above indicates that there is still a certain amount of space for a pullback in the future market. In terms of operation, one can first look for a pullback and then plan long positions at lower levels.
BTC can go long at 105000-104500, target 106800. Ether can go long at 2490-2505, target around 2600. #BTC