Xuxu Baby's Cryptocurrency Operation Reference on August 4th Afternoon

From the performance of the Bollinger Bands on the hourly chart, a clear bullish pattern is currently evident: all three band lines are maintaining an upward tilt, which distinctly indicates the strength of the short-term trend.

Looking back at previous movements, after breaking through the upper band, there was a slight pullback, and it is currently consolidating in a narrow range near the upper band. This movement conveys two signals: on one hand, the short-term bullish momentum has indeed shown some degree of convergence; on the other hand, the support effect in the upper band area remains significant, and the overall strong pattern has not fundamentally changed.

In light of the current situation, the following opportunities can be considered for operation:

Bitcoin: Pay attention to the opportunity to go long if it retraces to the 112650-113950 range, targeting a move towards the 116550 area.

Ethereum: Consider positioning long when it retraces to the 3465-3510 range, with a target around 3655.

It should be noted that during the short-term fluctuations, one should remain vigilant about the possibility of further weakening momentum, and it is recommended to align operations with real-time market rhythm while ensuring proper risk control. #加密市场反弹 #以太坊ETF连续12周净流入 #BTC走势分析 #ETH走势分析