Xiao Caitong's analysis of the BTC/ETH market on Sunday evening

From the daily chart perspective, BTC/ETH continues its oscillating upward trend, having tested the middle band resistance of the Bollinger Bands multiple times recently, with highs consistently moving upward, and the upward structure is clear and solid. Yesterday's bearish close is not a trend reversal signal, but a healthy pullback in the upward process, which is a normal technical correction and has not disrupted the overall upward pattern; the daily chart's bullish trend still dominates.

The 4-hour level shows a stronger performance, having recorded four consecutive bullish candles, and successfully breaking through the middle band resistance of the Bollinger Bands. This breakthrough effectively confirms the continuation of the short-term upward trend. Technical indicators form a clear resonance: the MACD indicator shows a clear golden cross, and the KDJ three lines are diverging upward simultaneously. These two core indicators jointly confirm the current accumulation of bullish momentum, providing ample upward potential in the short term.

Based on the daily and 4-hour technical patterns and indicator signals, the evening operation strategy focuses on positioning long positions during pullbacks, with specific reference points as follows:

• BTC: Long positions in the range of 90000-91000, targeting 92500, and if broken, can continue to look towards 94500;

• ETH: Long positions in the 2950-2990 range, target at 3080, extension at 3170.

⚠️ The above is a personal analysis thought process, intended only for technical exchange reference and does not constitute any investment or financial advice$BTC $ETH $GUSD #反弹币种推荐 #反弹币种推荐 #加密市场回暖 #Gate广场圣诞送温暖 #参与创作者认证计划月领$10,000