#美联储官员集体表态 The market is experiencing a significant turnaround, with prices showing a strong pump trend!

The market pattern changed on Monday morning, with the Bitcoin price breaking through the upper band of the four-hour chart as trading volume increased. Starting from the 1180 area, the bottom building signal at the 1085 position that appeared last Friday has indicated a suitable entry point, achieving a long-short conversion. The market is ever-changing, and only those who react quickly can profit!

Regarding Bitcoin:
The current market situation on the four-hour timeframe shows an increase in trading volume, with prices breaking through the upper resistance area. The moving averages have formed a bullish arrangement and a golden cross, releasing bullish signals. The RSI indicator has entered the overbought area. From the overall structure of the daily chart, this rebound reflects a healthy market demand. To fully establish a bullish trend, it is necessary to remain above 1157. There is still upward space in the short term, with an intraday support level at 1114. As long as the hourly level pullback does not fall below this position, the bullish trend is expected to continue. The strategy is to focus on buying on pullbacks.

The operation suggestion is to go long in the range of 1113-1118, with a stop loss set at 1105. The target price is initially set at 1123-1132, and after a breakout, one can expect 1140.

On the Ethereum side:
Despite the relative weakness, the overall trend remains in line with Bitcoin. The key focus is still the 4070 long-short dividing line. If the four-hour pullback does not break this level, there is still room for an upward movement. To form a strong bullish trend, it needs to hold above 4380.

The operating suggestion is to go long around the 4075-4098 range, with a stop loss at 4020 and an initial target price of 4144-4214. If it breaks through, we can expect 4260.
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