From a technical analysis perspective, the appearance of consecutive bullish candles within the key framework of the four-hour structure chart indicates that the recovery action of the market has achieved a phased result, and the upward trend continues to ferment. In the daily chart, it can be seen that the candlestick has pierced the upper EMA30 and reached the upper boundary position, which is about to break the parallel trend and form a breakout situation. Therefore, the mid-line position during the pullback is also a strong support point, and the defense position can continue to consider the lower boundary position; in the MACD, the volume continues to decrease below the zero axis, and the fast and slow lines continue to converge, indicating that there may still be some distance to the formation of a golden cross. Considering the current technical patterns and market sentiment, in terms of morning layout, we can focus on opportunities to go long at lower levels.
The major coin pullback around 96500-96000 for a long position, target 98000-99000.
The altcoin pullback around 3420-3390 for a long position, target around 3550.