$BTC Four-hour level shows a two consecutive bearish trend with a pullback. The price briefly touched the middle line of the Bollinger Bands and left a certain lower shadow, which is sufficient to indicate that the middle line of the Bollinger Bands provides strong support, and also acts as an important barrier for bullish rebounds. Therefore, as long as this position is not broken, the pullback is merely a normal correction method. From the one-hour level, after experiencing a round of decline, the market enters a consolidation phase, and the price is also maintaining a slight operation between the middle and lower lines of the Bollinger Bands. Based on the current movement, it is highly likely that it is building momentum for a second bullish attack. Thus, in the evening operations, we focus on low buying after the pullback.
Bitcoin can be bought at 114000-114300, targeting around 116500. Ethereum can be bought at 3650-3665, targeting around 3750.