Does the volume breakout of Er Gouzi mean a smooth path to a bull market?

At 5:10 AM Beijing time, Er Gouzi is trading around 3337, with the key support at 3250 holding firm!

The trend indicator is tricky; many crypto enthusiasts are wavering—while the overall upward trend remains unchanged, there are hidden signs of a pullback in the order book. Looking at historical patterns, the main force is likely to first sharply drop to induce a trap, then initiate a one-sided upward movement.

Before the daily candlestick is published, the highest was 3346 and the lowest 3294. The EMA indicator is contracting, waiting to break 3170. A breakout would signal entry into a strong upward phase. This week, whether it can reach the golden ratio 0.382 level at 3590 depends critically on the selling pressure at the 3400 high. MACD continues to expand upward, with DIF and DEA diverging above the zero line, and the Bollinger Band upper band at 3415. The upward trend remains intact!

The four-hour chart shows an ascending flag pattern within a box, with support at 3287 and resistance at the previous high of 3400. MACD is shrinking, with DIF and DEA converging above the zero line and showing signs of a golden cross. The Bollinger Band upper band at 3342 acts as resistance. If volume breaks above the upper band, triggering the Bollinger opening and a MACD golden cross, the upward momentum will accelerate!