
The Spring Festival market has extended until now, and it has even led to a bull market, which I did not anticipate. I originally thought it was a rebound market, but it turned into a primary uptrend. Today is the quarterly, monthly, and weekly closing. The quarterly line is a large bullish candle with a 68% increase, and the monthly line has seen 7 consecutive bullish candles. In the 20-21 bull market, there were at most 6 consecutive bullish candles, showing very strong momentum. The weekly line shows a bullish signal with two bullish candles sandwiching a bearish one.
ETH's quarterly line has formed a U-shaped column and closed at the same level as the previous bull market. The monthly line is a doji, and the weekly line is a T-shaped candle, indicating strength.
Yesterday accurately predicted the time for the ETH/BTC exchange rate to start rising, with Ethereum's 4-hour starting point.

Bitcoin
After forming a cup and handle pattern following the arc bottom (24-hour chart), this is not a weak performance. The price line has been consistently above the MA20, and the BOLL is flat, indicating an increased probability of an upward breakthrough.
The 4-hour price has formed a box structure, with 71769 acting as a pressure point that has not been broken through, but 68600 also serves as strong support. This price is currently testing the previous high support or oscillating. An earlier article also warned that 68600 is the boundary between long and short positions, and more people are experiencing panic before the halving. There are about 20 days left until the halving, and I personally think that risks and opportunities coexist, so do not go all in and manage risk well.
Support:
Resistance:

Ethereum
The price line of Ethereum has returned to above the midline, with the next opportunity to reach 3900. The OBV indicator has been in an outflow state, and the RSI indicator has turned, so it is still important to pay attention to the rotation sequence, which is BTC—ETH—rebound strong altcoin surge B—dogecoin—plunge. Bitcoin and Ethereum must make new highs to resolve this. If a lower high is formed, be cautious of a pullback.
ETH/BTC looking for a rebound
Support:
Resistance:


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The article is time-sensitive and is for reference only, with real-time updates.
Focusing on candlestick technical research, win-win global investment opportunities. Official account: Trading Master Fusu

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