The 4-hour level shows significant strength. After a strong bullish candle broke through the middle line, the price continued to rise and reached the upper line, with the short-term moving averages maintaining an upward trend. Currently, although there is slight pressure, no rapid pullback has occurred, indicating that short-term bullish momentum remains strong. On the hourly chart, the Bollinger Bands are significantly widening and rising simultaneously, clearly indicating that bulls dominate the current market momentum. This evening, focus on the support in the 105000-105500 area. If it stabilizes in this area, it will confirm the true return of bulls. Given the current strong pattern, the probability of a deep short-term pullback is low. The strategy continues to focus on buying on dips.
Trading Suggestions:
Buy in the 105500-105000 range for Bitcoin, target 107000
Buy in the 2520-2530 range for Ethereum, target 2650
