It's a new week again, with 2 opportunities to enter short positions during the early morning layout, the low point reached around 97000, and the volatility is not very large.
From the weekly closing, we can see that this week closed with a small bullish candle, the main chart MA5 remains in an upward trend, and the bottom has been raised again. Currently, the gap is close to around 5000 dollars, and it is not recommended to hold a long position in the strategy. At least this week, it is advisable to touch the new high before a pullback. It touches the 100,000 mark. Again, layout short positions. It is expected to rise first and then fall.
On the 4-hour level, the 3-day moving averages resonate upward, and the KDJ and MACD have golden crosses again, indicating that the bullish sentiment is quite strong. The Bollinger Bands do not have a significant opening for now, but once they open, refreshing the new high is not a problem. The strategy suggests low long operations.
On the hourly level, there has been a notable break, which hinders the upward movement, so there was a slight pullback in the morning during the white market. The lower support at 97240 has effectively held up, allowing for low long operations. It is recommended to long at 96800/97300, targeting 98500/99600.
Ethereum has been very strong recently, with strategies similar to Bitcoin. In the early morning, there was mention of a pullback, and at 4 o'clock, the low point reached 3680, leading to a rebound. However, the 4-hour indicators have not been repaired again. There is something to be cautious about here; after 4 o'clock in the afternoon, a pullback is expected. During this time, Ethereum is expected to continue to rise, and it is anticipated to reach the 3780/3820 range. If the time arrives, it can be a small long position, targeting 3700, with a break point at 3660. (Note that 3660 cannot be broken, so long positions can be entered nearby, and short positions should exit.)