#BTC #ETH Currently, from an hourly perspective, the price ratio has undergone adjustments and has formed a consolidation range at a low level. The market has repeatedly tested without effectively breaking support, and recently the bullish candlestick bodies have gradually enlarged, reflecting that the bulls are gradually gaining strength. Combined with the overall market sentiment, if there are no significant macroeconomic negative factors, it is expected that the market can rely on the current support to rebound, taking the opportunity to repair technically and test key resistance levels upward. Although the DIF and DEA in the MACD indicator are still below the zero axis, there are already noticeable signs of a bottom divergence. When the price ratio touches the low point, the MACD green bars not only did not expand simultaneously but instead showed a trend of gradual convergence, indicating that although the price ratio is declining, the momentum of the market is gradually weakening. The bullish outlook remains unchanged in the afternoon.

Operational suggestions

For Bitcoin around 117300, the target is initially set at 119000.

For Ethereum around 3660, the target is set at around 3760.