In the 4-hour cycle of Bitcoin, the possibility of a short-term pullback is gradually increasing. Previously, the price surged to around 115670, just touching the upper Bollinger Band, and then two consecutive bearish candles were formed. This pattern clearly reflects that the bullish strength at the high level is starting to weaken, while selling pressure is beginning to rise.

Currently, the price is slowly moving towards the middle Bollinger Band. Based on recent performance, the upward momentum is no longer strong, and it is likely to test the support strength of the middle band again.

Morning analysis:

Bitcoin: around 115000-115500, target 113500

Ethereum: around 3700-3720, target 3600

Market conditions change rapidly, the above suggestions are for reference only, and specifics should be based on actual conditions!

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