At the hourly level of #BTC #ETH 4, the market has experienced a series of six consecutive upward candles, breaking through and forming a staircase-like upward structure. Each previous pullback has ended with small downward candles or doji stars, and the pullback amplitude has been minimal, quickly recovered by market strength, indicating strong support below and prominent market control ability. Currently, the price stabilizes above 117500, with multiple attempts to break through to the upside, suggesting a strong willingness from the market to attack new highs. The Bollinger Bands have clearly expanded, with prices consistently running near the upper band, a typical signal of a strong upward trend, indicating sufficient market momentum. In the short term, the price is likely to continue the upward trend along the upper band, further opening up space above. Regarding trading volume, the upward phase is accompanied by a significant increase in volume, with the MA5 and MA10 moving averages diverging upwards, indicating that additional capital is continuously entering the market, with strong buying activity. The effective coordination of volume provides solid support for price increases, avoiding the risk of 'volume-less increases' and reinforcing the sustainability of the upward trend.

Operation suggestion

For Bitcoin near 117500, the target is first to look at 119000, and if broken, continue to look at 120000.

For Ethereum near 2960, the target is first to look at 3050.