Market turning point, bearish traders completely crushed!

In just 4 days, it surged from 109000 to 120900, with an increase of over 10000 points. The positive news from the crypto summit continues, completely breaking the low-level oscillation pattern, and 200,000 bearish traders were severely liquidated.

The current price is in the 120,000 range, the bullish momentum is still continuing, and the trend hasn't changed, so we can only go long with the trend and not guess the top.
Resistance level at 124500, support level at 119000. It is recommended to go long near 119600 during the day, with a target of 123000.

Ethereum has rebounded significantly, and after stabilizing at 4500, it is expected to continue to challenge higher points. In terms of operation, follow the main trend and go long first, then short when it peaks.
Resistance at 4650, support at 4380, a slight pullback will allow for participation alongside Bitcoin, gradually looking higher.