Bitcoin is currently still in a phase of recent high-level consolidation, with the short-term direction mainly focused on bullishness. The market momentum is still in a sedimentation and accumulation phase. The Bitcoin long positions we arranged this morning are still being held, and currently, the profit space is relatively small. As always, the market always has opportunities, and these opportunities are waiting to be discovered. Friends who are already in positions should wait patiently, while those who have not yet entered the market can look for the right time to do so.
From an hourly perspective, the Bitcoin market is still under pressure at the mid-line, continuously attempting to break upward. The mid-line has a strong ability to withstand pressure, proving that the bullish trend is continuously strengthening. The Bollinger Bands, based on the current overall situation, are still in a continuously rising market. Ethereum's indicators are also expanding, and the upper mid-line shows an upward trend, indicating that the bullish trend is very strong. In the afternoon, we will continue to maintain the strategy of buying low and selling high as arranged this morning.
Bitcoin range 107500-107000 bullish Target 108500
Ethereum around 2460 bullish Target 2600
