Bitcoin surges by 5,000 points! Ethereum wildly fluctuates over 10%, is the next historical high coming? But have you noticed that behind all this, there's actually a long-planned bullish harvest setup! Today, we'll comprehensively analyze the real logic behind this surge from both fundamental and technical perspectives!
Bitcoin volatility breakthrough, bullish counterattack?
For these dozen days, Bitcoin's price has been oscillating within a narrow range, but just when everyone thought it would collapse, a sudden green candle lifted the price nearly 5,000 points from the bottom, catching the bears completely off guard! The key point is the 116,000 level we emphasized last week. This is a typical "bullish liquidity stop-loss point" where the main force first broke through, clearing out long positions before reversing and pulling up, creating a beautiful bottom-piercing pattern! Currently, this surge is likely preparing for a new high. If it stabilizes above 120,385, Bitcoin hitting a historical high is almost just a matter of time.
Global policy benefits emerging, Bitcoin to receive a new dividend?
The fundamental side is equally strong! This morning, news broke that the EU and the US reached a 15% tariff agreement. Recalling the past, the US tariff war once drove Bitcoin down from 100,000 to 78,000, so this tariff easing is undoubtedly a major positive for Bitcoin.
More critically, rumors suggest the US plans to delay additional domestic tariffs by 90 days, which, if implemented, could significantly boost market sentiment, benefiting risk assets like stocks and Bitcoin!
Technical side strongly cooperates, daily and weekly charts hide new opportunities
From the weekly chart, Bitcoin showed a long upper shadow, indicating intense bull-bear battles. But consecutive double-bottoms at the 115-116 zone showed volume support, preventing price from falling, instead forming a reverse engulfing candlestick, creating a clear bottom signal. On hourly and daily charts, we can also see a classic "triangle flag" pattern: main forces first created a false breakout to clear longs, then quickly pulled back, breaking previous highs and shifting structure from bearish to bullish!
This means once forming a "higher low + higher high" structure, it's definitely a bullish upward channel!
Ethereum surges strongly, overshadowing Bitcoin?
Looking at Ethereum, the technical side is also fully powered! We mentioned last week that 3510 is a key bullish support, and indeed, Ethereum took off from here, pulling out a 10.8% gain in just a few days! Moreover, the Ethereum-Bitcoin exchange rate also showed a "hammer line" reversal signal last week, indicating Ethereum's stronger trend. During this volatility, Ethereum fluctuated over 300 points/day, with intense price movements suggesting main forces are accumulating and rotating.
Currently, market main forces are psychologically focused around 4,000. If it stabilizes, the next resistance will be 4,100, and breaking through could even challenge higher points.
Short-term opportunities? Don't forget the CME gap strategy!
Remember Bitcoin's CME futures gap theory: the current lower gap is still about 1,900 points from complete fill, with a key pullback around 117,400. As long as the price doesn't effectively break below 117,000, it can still be viewed as a bullish "fill and buy" signal.
Coincidentally, this price area is also the average cost of recent institutional Bitcoin purchases (around 9 billion), and once support is confirmed, these main forces might act again!
Finally, don't ignore macro market correlation—Nasdaq index (NQ) has hit a new high, which is often a leading signal for the crypto market. A bullish stock market with rising risk appetite makes funds more likely to flow into Bitcoin and Altcoins.
#Bitcoin has completed a "cleanse + accumulation" process, and the next wave of increase may erupt anytime if key levels hold! #Ethereum has also strongly broken through, and #Altcoins may also rotate and perform. Now is the time to truly test market insight and execution!
Remember, the real main rising wave is only left for those who have prepared in advance!
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