Morning price comparison continues to rise strongly, the bullish trend is very clear, and the trend shows a one-sided upward structure, with a peak reaching the 104300 line, fully demonstrating the strong momentum of the bulls. Currently, the price is slightly retreating and has fallen into a narrow range of fluctuations. Ethereum is synchronously performing, with a high reaching the 2244 line. Trends do not change overnight; do not chase highs when prices rise, and do not bottom fish when prices fall. Blindly guessing tops and bottoms will only increase trial and error costs. Control positions, set strict stop losses, maintain patience, and follow the trend is key.
From the current trend, the 4-hour line shows a clear bullish trend, with consecutive large bullish candles breaking through the middle and upper Bollinger bands, and the volume is also increasing, indicating strong bullish momentum. Moreover, the K-line has continuously stood above the upper band and has broken through; the current pullback is just near the upper band, where there is significant support, and the upward trend has not yet ended. In terms of shorter cycles, although there is a pullback pattern in the market, it is more of a technical correction after the rise and does not change the overall trend. It is recommended to lay out bullish positions during the pullback and follow the trend.
Buy Bitcoin at 102200-101800, look towards around 104500; Buy Ethereum at 2180-2160, look towards around 2280.