8.5 Morning Analysis
Last midnight, Bitcoin surged to 115686 before retreating and stabilizing around 114580; Ethereum briefly pulled back to 3661 before continuing to rebound, reaching 3732 before the morning session.
Technical Analysis: The four-hour chart is approaching the upper Bollinger Band, with weak bearish pullback strength. KDJ has just formed a golden cross, and MACD continues to rise; currently, the overall trend is still dominated by bulls. The one-hour chart faces resistance after three consecutive bullish candles but remains in an upward channel, with expected limited pullback.
Trading Suggestions
Bitcoin: Buy around 114600, target 116500