Based on the four-hour chart analysis, both Bitcoin and Ethereum are maintaining a high-level box oscillation pattern. The candlestick chart shows a small-bodied star pattern. In the shorter-term one-hour chart, the fluctuations exhibit typical convergence oscillation characteristics, with the Bollinger Bands continuously narrowing. The distance between the middle band and the upper and lower bands has decreased to a recent low level, indicating that the volatility range is continuously shrinking. This technical pattern usually signals a break of the existing balance, preparing for a breakout trend.
Bitcoin 1️⃣1️⃣0️⃣5️⃣0️⃣0️⃣ nearby, looking up to 1️⃣1️⃣2️⃣5️⃣0️⃣0️⃣
