Friday Bitcoin Market Analysis:
Daily Chart
Price remains above the upper Bollinger Band, with previous pullbacks not breaking the strong pattern, overall still in an upward trend. Continuous bullish rebounds recover lost ground, with low points consistently rising and strong short-term rebound momentum. A single bullish candle pushes the price to a high position, and the short-term upward trend may continue.
4-Hour Chart
The upward movement opens the upper Bollinger Band, enhancing market upward momentum. Support above the middle band is solid, and the price breaking above the upper band expands the upward space.
Hourly Chart
The middle Bollinger Band pullback is completed, and support is effective. Bullish strength continues, and the market may attack again, potentially breaking previous highs to set new highs.
Operation Suggestions
Bitcoin: Buy at 95700-96200, target at 98500
Ethereum: Buy at 1790-1820, target at 1900
