A new week is quietly beginning. Looking back at the weekend, the price of the coin pulled back to around 70,200, stabilized, and halted the decline, then rallied with fluctuations to recover the lost ground. In the early session, it even made a second attempt to rebound, breaking through the 73,000 level and demonstrating a clear strong momentum. I initially planned to short this morning, but the chart pattern was evidently not right. The bulls' strength exceeded expectations, so I did not enter blindly. This subsequent rally also disrupted our plan. Although I missed the opportunity to go long and feel a bit regretful, trading is just like that—missing opportunities is not scary, but going against the trend is the real taboo. Currently, the market structure is firmly bullish, with strong bullish momentum. We need to adjust our mindset promptly and mainly look for long positions in line with the trend. In this new week, we should adjust our pace timely, follow the trend closely, and seize upcoming opportunities together.

From the daily chart perspective, recent price action has shown a pattern of consecutive upward days. Even though there was a pullback after reaching a high last Friday, forming a relatively long upper shadow, the consolidation over the weekend kept the key support level unbroken, making the support below very solid. The price is consolidating near the lower Bollinger Band, gathering strength, and combined with a slight bullish candle in the early session, the coin price is gradually filling the space that was previously lost above. Currently, the lows are being raised continuously, and support levels are moving up accordingly, with the middle band support opening a significant gap. The bulls are showing signs of rising, and this upward wave is expected to challenge the 74,000 resistance again. The four-hour chart shows the same overall trend as the daily, with a steady upward oscillation. Each pullback is well supported at the middle band, and all three Bollinger Bands are expanding upward together, maintaining a healthy bullish trend. Therefore, today's strategy is very clear: follow the trend and look for long opportunities, mainly buying on pullbacks and stabilization.
Trading suggestions:
- Bitcoin: Buy near 72,300–71,800 on pullbacks, with targets at 73,500–74,000
- Ethereum: Buy near 2,150–2,130, with a target of 2,230