Hello everyone, I am Gu Yue. The weekend has ended, and a new week of market activity has begun. Although there have been fluctuations in the market, it is currently in a state of consolidation. Bitcoin is hovering in the range of $96,000 to $98,000, while Ethereum is fluctuating between $2,600 and $2,800. Since the afternoon, Bitcoin has not changed much, but Ethereum has been on a strong upward trend, having already broken through $2,700. The market is expected to rise further.

Technical Analysis:

Currently, Bitcoin is at a bottom support level. The MACD green energy bars are gradually decreasing, indicating a shift from bearish to bullish. The KDJ has formed a golden cross, and the next upward movement is about to begin. Ethereum has already started its upward trend, moving towards higher levels. Currently, Ethereum is still in a mid-term upward phase, with plenty of room for further increases. Bitcoin is gradually moving upward from its bottom position, and it is recommended to focus on long positions in the afternoon.

Trading Suggestions:

Long Bitcoin around $96,000, with a target of $98,000.

Long Ethereum around $2,700, with a target of $2,800.

There are many types of investments, and it is important to choose what suits you best. There are many paths, and it is crucial to select the right guide. I, Gu Yue, interpret global economic news, analyze major global investment trends, and provide daily market analysis to offer you the latest trading strategy ideas and professional investment consulting services to help you reach the peak of financial management.

This article represents personal views only and is for reference purposes. It should not be used as a basis for actual operations. The market is volatile, and profits and losses are at your own risk. For the latest trading strategies, follow the public account: Gu Yue KOL.

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