On Monday, the Bitcoin and Ethereum markets showed a positive trend, indicating that the Crypto Assets market may be experiencing a rebound.



Bitcoin has steadily risen from a low around 107,300 and is currently trading at around 111,200, an increase of over 4,000 points. This strong performance indicates that market sentiment is improving. Meanwhile, Ethereum has also shown a similar upward trend, rebounding from a low of 3,906 to around 4,070, with an increase of about 170 points.

From a technical perspective, Bitcoin has continuously posted bullish candles on the 4-hour chart, with the Bollinger Bands showing an expanding pattern, suggesting that volatility may increase in the short term. The sustained upward movement of the middle band and upper band further confirms the current bullish trend has lasting potential. The 1-hour chart also shows strength, with five consecutive bullish candles breaking through key resistance levels and appropriate trading volume, indicating that the upward momentum remains sufficient in the short term.

The trend of Ethereum is highly consistent with Bitcoin, both having broken through multiple resistance levels above. This synchronicity brings positive signals to the entire crypto assets market.

Based on the current market situation, investors may consider entering during a pullback. For Bitcoin, attention can be paid to the support range of 110,500 to 111,000, with an upper target possibly reaching around 112,500. For Ethereum, buying opportunities can be sought in the 4,040 to 4,070 area, with an upward target focusing on the 4,150 line.

However, given the high volatility of the crypto assets market, investors should act cautiously and manage risks well. At the same time, keep an eye on changes in the global economic situation and regulatory environment, as these factors may have a significant impact on the crypto assets market.
BTC2.15%
ETH0.08%
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RooftopReservervip
· 12h ago
Hello, being a teacher is not a loss.
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AirdropHunter007vip
· 12h ago
Steady! This wave is To da moon.
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ChainDetectivevip
· 12h ago
It's time to enter a position.
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P2ENotWorkingvip
· 12h ago
Long positions are here!
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PaperHandsCriminalvip
· 12h ago
I was hit by a stop loss just three minutes after opening the position today, it feels like a miracle.
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AirdropBlackHolevip
· 12h ago
This surge is a bit fierce.
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MetaMuskRatvip
· 12h ago
Here we go, the market is warming up.
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