$XRP Thursday evening Bitcoin and Ethereum market analysis and trading suggestions

From the technical shape of the 4-hour chart, the current price tests the lower support level of the Bollinger Bands. During the process of touching the lower band, there was no significant volume breakout, indicating strong buying support at this position. The effectiveness of the lower Bollinger Band support has been preliminarily validated. Observing the short-term trend on the 1-hour chart, the price is also running along the lower Bollinger Band. Although it remains near the lower band, the price lows are gradually rising, forming a micro ascending channel. This structure of continuously rising lows suggests that market selling pressure is gradually easing, and there are clear signs of exhaustion in bearish momentum, indicating a bullish rebound this evening.

Bitcoin: Buy near 102100, short-term target 104000

Ethereum: Buy near 2540, short-term target 2650Thursday evening Bitcoin and Ethereum market analysis and trading suggestions

From the technical shape of the 4-hour chart, the current price tests the lower support level of the Bollinger Bands. During the process of touching the lower band, there was no significant volume breakout, indicating strong buying support at this position. The effectiveness of the lower Bollinger Band support has been preliminarily validated. Observing the short-term trend on the 1-hour chart, the price is also running along the lower Bollinger Band. Although it remains near the lower band, the price lows are gradually rising, forming a micro ascending channel. This structure of continuously rising lows suggests that market selling pressure is gradually easing, and there are clear signs of exhaustion in bearish momentum, indicating a bullish rebound this evening.

Bitcoin: Buy near 102100, short-term target 104000

Ethereum: Buy near 2540, short-term target 2650