Currently, this market is showing a sideways upward trend on the one-hour chart, but it is weak. As seen in the chart below, 1900 is holding support. Recently, the market can close a position with a 50-point gain in Ethereum, and a 2000-point gain in Bitcoin can close a position, which is not common in large market movements.

The chart below shows Ethereum's current resistance at 1990. If it breaks through and stabilizes, a head and shoulders bottom pattern will form on the one-hour chart. The next strongest resistance is at 2045. If it breaks through that as well, it will attempt to break through around 2150, step by step. So the strategy is quite clear: as long as Ethereum does not fall below 1930, the head and shoulders bottom pattern will not be invalidated. Of course, it’s not a perfect pattern, but the probability is high. The risk-reward ratio is very suitable, so subscribing to long positions can continue to follow the plan.
The same applies to Bitcoin, with support around 66,300 and resistance near 68,800-71,500-72,000.