Thursday Evening Strategy for Bitcoin at 7.10: Maintain a Look at 1098!
From the 4-hour candlestick analysis, the current price is consolidating at a high level of 110800, with overall fluctuations being relatively small. The trend aligns with bearish expectations,
with ongoing volatility narrowing, indicating a stalemate between bulls and bears. The moving averages below remain in a bullish arrangement, still providing support, while the resistance above is also quite significant. We will maintain our morning perspective and simply observe.
Bitcoin near 111000-111300, target around 1098
Ethereum near 2800-2820, target around 2730
