Wednesday Evening Thought Analysis
From the hourly Bollinger Bands, the three lines are currently clustered together, and the channel has become relatively narrow, indicating that market volatility is low in the short term, with a temporary balance of power between bulls and bears, resulting in a stalemate in the market. Next, the market may choose a new direction.
Bitcoin has successfully broken through the middle line of the Bollinger Bands and is currently stabilizing between the middle and upper lines, with the middle line slowly trending upwards. This indicates that bulls have a slight advantage in the short term, and the middle line has become a key support level.
Operational Thoughts:
- Bitcoin: A pullback to the 112850-113750 range can be an opportunity to go long, targeting around 116000.
- Ethereum: A pullback to the 3524-3576 range can be an opportunity to go long, targeting around 3755. $BTC $ETH #香港稳定币新规 #ETH巨鲸增持 #美国加征关税