How long has Bitcoin been in a sideways trend?

On Monday, there was a rise that directly broke through the consolidation range, and the price stabilized above the upper band on the four-hour chart, showing clear bullish behavior. Now that the price has broken above, the previous prediction of an upward trend aligns with the actual price movement. The bullish momentum still exists, and there is a potential U-shaped trend forming. Currently, there are not many pressure points above, indicating signs of filling the gap above.

On the daily chart, the upper band is under short-term pressure. Although it is a pressure point, the bottom support level is continuously rising, and the upper space is being opened up by the candlesticks. Additionally, the MACD indicator is showing bullish momentum starting to expand. In summary, the price is expected to continue rising, and any pullbacks are seen as bullish.

Therefore, a pullback to the 92000-91800 range during the day can be viewed as bullish, with a target of 95000.

Ethereum is also expected to pull back to around 3150-3140, with a target of 3200-3240.

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