$BTC
Yesterday, Bitcoin reached a high point and started to pull back around the 104,000 line, then pulled back to the 100,000 line again and bounced back. After two consecutive bearish days on the daily chart, it closed bullish on Sunday with a very short lower shadow. The three lines of the Bollinger Bands are trending upwards, slightly converging. The three lines of the KDJ indicator are trending upwards at a high level, currently in a state of basic convergence, and the MACD dual lines are also slightly trending upwards at a high level.
Looking at the four-hour chart, there are nearly equal wicks above and below. The price is fluctuating around the middle band, with the three lines of the KDJ indicator showing a death cross that is slowing down, and currently, all are turning upwards from a low position, indicating signs of stopping the decline in the four-hour chart. Overall, the bullish momentum is slightly strong, and there is still upward momentum; the larger trend remains unchanged.
Currently, Bitcoin faces resistance at the 110,000 line with strong support at the 98,000 line; Ethereum faces resistance at 4,000, with short-term support at the 3,800 line.