Thursday evening Bitcoin and Ethereum market analysis and trading suggestions
Currently, looking at the overall market, there was a pullback after a surge, but the retracement space is limited, and it has not broken through the key support level below in the short term. On the four-hour chart, the coin price is running near the upper track for a long time, and the pullback after continuous upward exploration has not damaged the momentum. After a brief turn of the technical indicators, they have not shown continuity. If the subsequent rebound stabilizes above 111000, the short-term momentum will strengthen again.
In the evening, consider going long near 111000 for Bitcoin, with a target of 112500.
For Ethereum, consider going long near 2640 with a target of 2700-2750.
