Analysis at 7:22 AM

The cryptocurrency surged to 119672 yesterday before retreating to 117471. From the current situation, 117400 is a strong support level.

On the hourly chart, the candlestick has started to turn upwards, and the Bollinger Bands are flattening, indicating a consolidation range.

Recommendation

The cryptocurrency should be traded around 117400-116600, with a target towards 118500-119500.

For the second cryptocurrency: trade around 3750-3720, with a target of 3790-3830; if it breaks this level, then aim for 4000. $BTC #Strategy增持比特币