A new week begins, and over the weekend, the overall trading environment was relatively poor. The bulls surged unstoppable, breaking through the key resistance level of 91,000. In the early hours, a further pullback confirmed short-term support at 90,800, followed by a second rebound. Currently, the price has stabilized above 91,000, indicating strong bullish momentum. As for the sideways movement, it appears more subdued without significant volume increase. In the short term, resistance around 3,150 still poses a barrier, but once the market breaks through with increased volume, there is still ample room to go higher. The weekend's bottom positioning suggests that the bulls can continue to hold, with key resistance levels ahead.

On the four-hour chart, the overall structure is a stair-step upward trend. The price has been rising with consecutive bullish candles, accompanied by minor retracements indicated by small shadow lines, followed by continued volume-driven recovery. The Bollinger Bands remain in an upward trend across the three lines, indicating further upward potential. Combining with the one-hour chart, after a surge and pullback on Sunday, the price formed a sideways consolidation pattern, building momentum. This suggests that the price can further stabilize above 91,000, confirming the bullish strength. Currently, the market is in the third wave of an A-B-C correction, with the next move expected to be the fifth wave upward. In the short term, the Bollinger Bands are tightening, and yesterday’s pullback tested a short-term low-volatility zone. The outlook remains bullish, expecting continued upward movement.

Bitcoin can be bought between 90,800-91,200, targeting around 94,000. The altcoin can be bought between 3,100-3,120, with a target near 3,230. #BTC #ETH