Technical Analysis: BTC:

The weekly level closed with a solid bullish candle, with an increase of 17%, exceeding 11,500 points. After a slight pullback of over a thousand points after the opening, it continued to rise. #BTC翻倍之路

The daily level showed a strong rise again on Sunday after a narrow consolidation adjustment last Friday and Saturday, closing with a bullish candle, driven by positive news, further strengthening the bullish trend, with no signs of a top yet.

Please remember that high-level consolidation usually precedes a significant pullback, and sustained upward movement indicates that the trend is not yet complete.

At the line level, after a significant rise yesterday, there was a slight pullback to around 78,600 points, followed by another surge to 80,000 points, then a pullback to the 78,600 point area and another rise.

In the short term, key support is focused on the 80,000 point area, with the critical defensive level around 78,600 points.

ETH: The weekly level analysis shows that since mid-October, the weekly lows have been continuously rising, with clear support from the 90-day moving average. There are signs of bottoming out at various locations, with the lower defense line around 2,400 points, targeting 3,000 points.

This round of increase exceeded expectations, with the weekly closing showing a solid bullish candle, an increase of over 31%, approximately 767 points. With a large influx of outside funds, the upward selling pressure is relatively small, and the short-term target is raised to 3,350 points; if broken, the further target is 3,530 points. The 4-hour level shows that the overall trend is still in the early stage of rising, with occasional spikes in the increase.

Currently, the 4-hour line shows clear upward spikes, with a slight tendency to pull back, short-term support is focused on 3,100 points, and be cautious of spikes down to around 3,060 points. #DOGE看涨情绪飙升 #BTC突破8W1大关 #ARB、AVAX、STRK大额解锁 #特斯拉市值重上1万亿美元

I am a long-term bear. If you currently don't know how to position yourself, feel free to reach out to me for a discussion!