From a technical analysis perspective, the hourly Bollinger Bands show three tracks converging parallel, indicating that the market is in a consolidation phase of balancing bullish and bearish energy, building momentum for subsequent breakthroughs through oscillation. On the four-hour level, the upper middle band of the Bollinger Bands is diverging upwards, with prices running above the middle band, highlighting the dominance of bulls and validating the upward trend. The chart indicates that bulls have repeatedly attacked the critical level of 110000; although it has not stabilized effectively, accompanied by increasing trading volume, the momentum for a breakout continues to strengthen. In the early morning, it is crucial to monitor the effectiveness of the breakthrough at this level and the accompanying volume. In terms of trading strategy, it is recommended to buy Bitcoin in batches between 108700-109200, targeting 110500; for Ethereum, buy lightly at 2550, targeting 2650, while strictly controlling position size and risk. $BTC#币安Alpha上新
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