On the daily level, Bitcoin fluctuates in the upper Bollinger Band area, and the forces of long and short positions are temporarily balanced. When the intraday price tested the middle track, the shorts exerted pressure but the longs quickly recovered the lost ground, indicating that the support below was strong and the callback momentum caused by the news was weakened. This is a signal of bullish accumulation, and the market sentiment is biased towards the bulls. However, the upper track is still a strong resistance, and it is necessary to pay attention to whether it can be broken through to open up the upward space.
The white plate strategy continued in the evening, and the long orders were arranged by selling high and buying low: Bitcoin was long near 105500, with a target of 108000; Ethereum was long near 2400, with a target of 2550, and seized the opportunity to rise.
