Bitcoin remains in a steady bullish trend on the daily chart, with the moving averages well aligned. Although MACD shows some signs of weakness, a death cross has not appeared, indicating that the upward momentum is still intact. Looking at the 4-hour ascending flag pattern, it is in a consolidation phase, and the short-term pullback space is actually quite limited.



Ethereum's daily RSI hovers around 60, which is a relatively strong neutral zone, with no signs of trend reversal. The hourly chart does need some adjustment, but the rebound is very quick, and the momentum is recovering. Overall, the bullish posture is still present, and it is gathering strength.

Recently, the US core CPI came in below expectations, which is a positive macroeconomic signal supporting the market.

Trading strategy:

Bitcoin can be positioned long in the 95000-95500 range, with a target of 96500.

Ethereum can be entered at 3290-3310, with an upper target of 3360.
BTC0.77%
ETH1.37%
FOGO-0.02%
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