Hyygrape

#BTC The early trading session closed with a strong bullish volume. Bitcoin temporarily broke through the resistance at the high level tested over the weekend, further increasing volume. The highest price once recovered to around 93,300 before facing resistance and pulling back. Currently, the price remains around 92,000, consolidating without further decline. As for Ethereum, it broke through the recent resistance level, once recovering to around 3,200 before facing pressure. It has now given back all the intraday recovery space but has not triggered further downward movement. In real trading, whether the market is good for contracts depends on the profits. In such a market, following the trend makes profits so easy.
Looking at the current chart, the daily five consecutive bullish candles indicate a continued strong bullish phase. The K-line is above the upper band, intending to further expand the Bollinger Bands and create upward space. The recent surge in the Asian session caused a pullback with some upper shadows, but the intraday recovery has not been fully retraced. There is still a chance to push higher during the US session. Although there is a short-term intention to rise and correct, the overall space remains limited, and the bulls will continue to volume and test key resistance levels. Combining the four-hour chart, the market continues to volume higher, exploring the final wave of this upward move. Indicators are currently in overbought territory, so a healthy correction followed by a rebound is expected, rather than a reckless volume surge, which could lead to a "trap" event. Currently, during the pullback, focus on support at moving averages and the middle band for long entries. Support levels at 91,500 and 90,500 are key for long positions.
Bitcoin can be long at 91,500-91,800 with a target near 94,000. Ethereum can be long at 3,100-3,125 with a target near 3,230.