#BTC #ETH hour level analysis, recently multiple bullish doji stars appeared at low levels, forming a consolidation bottom structure. During the decline, long lower shadows frequently appeared, indicating strong buying support below, and the willingness to buy at low levels is sufficient, with initial bottom signals emerging. Overall, short-term downward momentum is slowing, bottoming characteristics are surfacing. If it can break through the middle track of the Bollinger Bands and confirm a MACD golden cross, there is hope for a phase rebound in the relative price. Attention should be paid to the breakout signals, buying on dips. Considering it’s the weekend, it’s unlikely to provide too much space, so it’s essential not to blindly pursue excessive profit margins and to take profits when possible.
Operational Suggestions
Bitcoin: Buy around 117500, target looking at 118500—119000.
Ethereum: Buy around 3530, target first looking at 3630.