1. Technical Analysis Observed from the Four-Hour K-Line Chart, Bitcoin (BTC) has a continuously declining upper Bollinger Band, indicating that selling pressure above has significantly increased. The current price is oscillating within the range between the middle and upper bands, with short-term bullish forces slightly prevailing.
The hourly trend shows a typical box oscillation characteristic, with clear resistance and support boundaries formed by the upper and lower bands. Before effectively breaking through key points, it is expected to continue the range consolidation pattern.
2. Trading Strategy Suggestions Bitcoin (BTC): It is recommended to buy on dips in the range of $103,700-$104,200, with a target price of $105,500. Be sure to set a reasonable stop-loss to control risks.
Ethereum (ETH): Consider lightly buying in the range of $2,510-$2,540, with a target set at $2,620. During operations, closely monitor changes in trading volume and strictly implement position management strategies.
