Currently, the price of Bitcoin is hovering around 111100. After a period of correction, it has risen back to a high point, proving that the bullish trend has not diminished; it just needs a brief consolidation. As the downward pin continues to rise, the strength of the bulls is again being demonstrated. Although it is currently operating within a wide range of fluctuations in the short term, the overall direction continues to return to bullish. The four-hour structure is still in an upward wave, with the bulls dominating.
We suggest that Bitcoin should still be dominated by bulls at this moment. Currently, Ethereum is slowly rising at a high position, and the bullish trend is clear.
Bitcoin in the range of 110500-111000 is bullish; target 112500.
Ethereum around 2650 is bullish; target 2750.
