The big coin surged to a new high of 107100 in the morning, which was indeed quite strong, but it didn't hold for long before it dropped again. This indicates that the breakout was just a false move, with the main players testing the pressure level.
From the hourly chart, the price is now oscillating between the middle and lower bands of the Bollinger Bands, but the downside space has basically been sealed off. The bears clearly lack momentum, while the bulls are starting to gather strength.
Our operational strategy remains the same: reduce positions in batches near the pressure level, and buy boldly at the support level when it drops. This back-and-forth strategy is the most stable.
Operational suggestions
Big coin around 103500, target 105500
Ethereum around 2360, target 2450
