Recently, the hourly level shows a trend of oscillating upwards, with the price gradually rising from around 2977 to 3133, dominated by bulls. The daily line has formed a large bullish candle that broke through the previous high of 3013 and continues to rise, currently approaching the local resistance level of 3140.
The MACD hourly level DIF and DEA continue to diverge upwards, with the red bars increasing, showing strong bullish momentum; the daily level is also above the zero line, indicating a bullish trend. RSI 66.77 is close to the overbought zone, but has not fully entered the extreme area, still has some upward momentum; the daily RSI is above 60, indicating a bullish market sentiment. EMA7 > EMA30 > EMA120, with moving averages in a bullish arrangement, providing strong short-term support; the daily EMA system also maintains a bullish structure. Our morning analysis is also bullish on the bulls' strength.
Bitcoin: 117000-105000 more, target around 118500
Ethereum: 3100-3050 more, target around 3200