#BTC #ETH breaks the previous high again! The price comparison has been in a continuous high plateau state since the morning, gradually launching an attack as noon approaches, breaking the 123000 mark in the afternoon, reaching a peak of 123293, and then retreating under pressure. It has currently adjusted to the 120800 level for consolidation. Ethereum is also not to be outdone, strongly probing the 3083 level, setting a new recent high. Such market conditions are rare, and Old Hu has seized the opportunity, capturing a total of 4586 points for Bitcoin and over 80 points for Ethereum.
From the 4-hour level, the price comparison has strongly broken through the upper Bollinger band and formed a continuation trend. After a significant surge, there has been no obvious retracement space, indicating that there is still room above. The current adjustment is merely a rest and buildup, creating a more solid support platform for the bulls. Regarding the future trend, I believe the expectation for the bulls to continue pushing higher still exists. Evening trading suggestions should revolve around the bulls, focusing on buying on dips, leveraging the current bullish momentum to capture further upward opportunities for the price comparison.
Trading Suggestions
Bitcoin: Buy around 120500, target towards 124000
Ethereum: Buy around 3010, target towards 3120