The overall market over the weekend was relatively flat, with no high-quality entry opportunities. This morning, the bulls concentrated on a volume-driven rebound, with Bitcoin facing resistance at 79,500 and pulling back; currently, it is oscillating around the 79,000 level within a narrow range. Ethereum also surged to around 2,400, moving in tandem with strength.



From the current market situation, the bullish trend is clear, with the market showing a standard upward structure of rally, consolidation, and further rise. Volume and price are well-coordinated, and the upward pace is steady. Over the weekend, the four-hour chart showed ample sideways accumulation, with bearish forces continuously weakening. After the Bollinger Bands contracted, they started to diverge upward again, and the price firmly stayed above the middle band support. In the morning, volume increased to test higher levels; although a strong breakout was not achieved, the main bullish forces are strong, and momentum is sufficient. The trading strategy remains unchanged: buy on dips during pullbacks.

Bitcoin retraced to around 78,500-77,800, with an upward target of 80,000-81,300.
Ethereum retraced to around 2,370-2,340, with an upward target of 2,450-2,500.
BTC-0,2%
ETH-0,07%
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