#BTC #ETH From an hourly perspective, the price comparison quickly rebounded after dipping to a low of 116490 in the morning, forming a long lower shadow. Subsequently, the bullish candle gradually recovered lost ground, showing a rebound trend dominated by momentum. The short-term downtrend has been effectively reversed, and rebound momentum is beginning to emerge. Currently, the price comparison has broken through the upper band, and the upper band is on an upward trend. If it can effectively hold above the upper band, the rebound space is expected to further open up. Although the DIF is still below the DEA, the difference between the two is narrowing, and the MACD green bars are shortening with signs of turning red, indicating a weakening of bearish momentum and an increase in bullish force. Overall, after a short-term decline in the price comparison, we are seeing a counterattack from bullish momentum, with signs of a strengthening trend. Going forward, attention can be paid to the continuity of bullish momentum, and positions can be built on dips.

Operation Suggestions

Bullish around 118700, target first at 12000, if broken, continue to look upward.

Bullish around 3770, target at 3900.