From a short-term perspective within the day, we have currently reached the support level at the bottom of the range, which allows for a reversal to look for bullish momentum. In the short-term range of Bitcoin, we can see the area above 955.
On the hourly chart, the price is currently near the lower boundary, the Bollinger Bands are overall trending downward, the MACD bears are decreasing in volume, indicating there is still room for upward movement in the short term, while the KDJ is moving sideways. Our short-term focus today will be on retracement pairings.
Regarding Ethereum, the price is also at the lower boundary, with the Bollinger Bands expanding outward, and the MACD bears decreasing in volume, so pay attention to the middle band around 1820. The KDJ is generally contracting inward, and we need to watch whether a golden cross forms for an upward movement.
The development of the medium to long term still requires clearer signals, so it is advised to continue waiting. Small position operations can be made in the short term, with proper take profit and stop loss settings. #BTC #ETH $BTC $ETH