Monday has also come to an end. Looking back at the trend of the day, it basically presented a main trend of oscillation during the day. In the evening, the coin price experienced a downward dip, touching the low line of 91510 before quickly rebounding. The coin price strongly surged up to around the 94000 mark. In terms of Ethereum, it experienced a surge in the morning before the coin price began to oscillate. In the evening, it also saw a pullback, quickly rebounding after touching the low.

The evening's pullback led to a downward shift of the lower Bollinger Band, indicating that the market did not break below the second lower band, which also shows that the bottom support is still present. Those who love the market will still provide certain recoveries. Looking at the 4-hour chart structure, the pullback has gradually given support at the bottom, reaffirming the support line at 91,500. Afterwards, the market continued to oscillate, providing certain recoveries. Currently, the market is gradually offering bullish recoveries as a form of correction. Under the pressure that has not yet broken in China, we still expect a wave of bullish counterattacks in the evening and not to focus solely on the current mid-band near the 94000 line. From the indicator perspective, the KDJ indicator is still showing a contraction, and the potential recovery golden cross indicates that the bulls have room for recovery. Therefore, we will continue to maintain a bullish outlook for the midnight.

Operating suggestions:

Buy Bitcoin at 93000-93500, target 95000.

Buy Ethereum around 3350, target 3450.

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