Trend Pullback, Where to Next for the Uptrend?

After four years, the cryptocurrency market welcomes a bull market again. Some may still be slow to react, while others have already enjoyed the first wave of market profits. The market opened with a rise at the beginning of the week, sending us a clear signal that the highs are continuously being refreshed, and the support below is also being lifted. With the push from yesterday's bullish candlestick volume, the upward trend continued through midnight and this morning, consolidating and correcting alongside pullbacks, which remain within a reasonable range. The price has stabilized above 78000 for consolidation and correction, gearing up for the subsequent rise. The moving average indicators also show an upward trend. Currently, the daily chart has formed a strong single-sided trend with consecutive bullish candles. The bull market remains valid without a defined top. Overall, the larger direction still appears bullish. Although bulls have shown local pauses after increased volume, this is merely temporary, and the market still has potential for further strength. The previous rise and rapid pullback were also expected market behaviors, and after breaking through the starting and stopping points of the Asian market, further declines become difficult. Therefore, the outlook for the future market remains predominantly bullish.

Trading suggestions:

BTC: Bull in the 81000 area, target 83000-85000

ETH: Bull in the 3100 area, target 3400-3600