#ETH #BTC hours level view, the previous consecutive rise has formed a short-term upward trend. Although there were multiple pullbacks during yesterday's trading session, none broke through the key support level, which is a normal retracement in the trend. Additionally, during the pullbacks, the bearish candles all closed with long lower shadows, indicating strong support below. Looking at the volume dimension, the recent pullbacks accompanied by decreased volume reflect insufficient selling pressure, and a decrease in volume typically signals a continuation of the trend. If it were a trend reversal, it would often be accompanied by an increase in volume and a drop. The current volume characteristics support a 'washing' rather than a 'trend reversal', reserving momentum for a potential rebound.
Operating Suggestions
For Bitcoin around 117500—118000, the target to watch is 120000, and if it breaks, continue looking upwards.
For Ether around 3370, you can go long, with a target focus on 3470.