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Recently, the market has only one direction, bullish, pullbacks are opportunities.
The investment channels for US pensions have been relaxed, with Trump signing an executive order allowing 401K accounts to allocate to cryptocurrencies, and continuous net inflows of institutional funds into spot Bitcoin ETFs, providing long-term support for the market.
Ethereum approaches the key resistance level of 4200, with a monthly chart forming an ascending triangle ready for a breakout; although Bitcoin has experienced fluctuations and pullbacks, there are still signs of stabilization on the hourly chart, with main capital attempting to position itself at the key support level.
BTC suggestion: Buy at 116300-115800, target 117500-118000
Auntie suggests: Buy at 4140-4120, target at 4200-4220