1.4 Sunday Bitcoin and Ethereum Morning Analysis

Bitcoin is showing a generally oscillating upward trend, rebounding from the early morning low around 89,866, moving higher with fluctuations, and reaching a high of approximately 91,597. Ethereum's movement is highly synchronized with Bitcoin, starting its upward trend from a low of 3,096, rising to around 3,160, displaying a consistent rally.

The daily chart's running channel continues to expand upward. After experiencing a weak pullback and completing a consolidation phase, the overall trend has shifted to a steady oscillating upward rhythm. Bullish momentum is being released in an orderly manner, simultaneously driving the moving average system to resonate upward, indicating that the trend has clearly returned to a bullish dominance with strong persistence and stability. The four-hour chart also continues its robust upward momentum, steadily climbing along the upper band of the channel, presenting a one-sided strong upward technical pattern, further solidifying the foundation of the daily bullish trend. Currently, market momentum indicates that bullish strength is still accumulating. Short-term pullbacks are not signs of trend reversal but typical consolidation phases to gather energy for further advances. This morning, we continue to favor buying on dips.
Bitcoin around 92,500, Ethereum around 3,250
#BTC #ETH #BNB