Looking at the trends of Bitcoin and Ethereum, what’s worth noting on the four-hour chart is — after a previous pullback with a bearish candle, now there are consecutive bullish candles, testing the resistance levels above. The Bollinger Bands have already opened up, and the price is steadily moving between the middle line and the upper band. The MACD is also above the zero line without weakening. These signals combined indicate one thing: the medium-term upward trend is still intact.

But switching to the hourly chart, it’s a different story. The price is fluctuating above the middle Bollinger Band, with the bulls and bears temporarily evenly matched, showing no clear breakout direction. In this rhythm, it’s more prudent to approach with a sideways trading mindset in the near term, and a large-scale bullish or bearish trend is unlikely.