Bitcoin and Ethereum have both formed a rebound pattern on the 4-hour chart. The price stabilized and rebounded after touching the lower Bollinger Band support. There was a slight halt upon reaching the middle band, but this is just a normal oscillation correction. After gathering momentum, the price continues to pull up strongly, directly breaking through the upper Bollinger Band resistance, shifting from a weak state to a strong bullish rhythm. The approach to chasing higher prices remains unchanged; strength does not imply a top. A pullback in the early hours continues to be a buying opportunity.
Bitcoin can be bought in the range of 109300-108800, with a target around 112000;
Ethereum can be bought in the range of 2570-2550, with a target around 2650.
