From the daily chart, a strong bullish candle powerfully breaks through the middle Bollinger Band, with the strength continuing to push forward, rapidly approaching the upper band resistance level, leading the moving average system to present a divergent pattern of bullish alignment. This bullish trend gradually transmitted from the hourly level to the daily level demonstrates a very strong trend continuation. In the current market, the bullish strength continues to strengthen, especially after the price successfully stabilized at the 110,000 psychological level, further solidifying the upward foundation.
Combining volume coordination and indicator resonance analysis, the price is likely to maintain an oscillating upward trend in the short term. Therefore, in the afternoon, we will look for opportunities to enter bullish positions on a pullback!
Bitcoin: Bullish in the 108,500-109,000 range, target 111,000
Ethereum: Bullish in the 2,630-2,650 range, target 2,700
Market conditions change rapidly, the above suggestions are for reference only, specific operations should be based on the actual situation!
