The turning point between bulls and bears has arrived, and everything is possible! With yesterday's Christmas over, the US stock market has resumed trading, and market volatility is set to follow suit. Yesterday, we enjoyed the pullback opportunities provided by the market, entering at the lowest point and exiting at the highest point, with a full 2500 points of space in Bitcoin, which truly excites people. The current trend is quite clear, with bulls releasing their emotions, testing the highs step by step, and for the day, we still look at the explosion of bulls based on short-term resistance!
From an overall structural perspective, the daily level is testing the middle track. Although there are no clear breakout signals in the short term, once a breakout occurs, it will be a strong upward surge, and the momentum can be imagined. The four-hour structure is also relatively clear, with the double bottom testing marking the bottom resistance clearly. Here, we will increase the bulls' momentum based on the time cycle. The bullish outlook remains unchanged.
For Bitcoin, the daily range is around 98400-98600, looking towards 101000.
For Ethereum, the daily range is around 3430-3440, looking towards 3600.
