Afternoon Thoughts

Looking back at the morning market, it fell from 115200 to around 114200, presenting a typical oscillating pattern. The Bollinger Bands are closing and narrowing, market sentiment is stabilizing, activity is decreasing, and trading volume is shrinking, indicating a temporary pullback; the low long strategy remains the main focus.

From the hourly level observation, the price continues to run in the upper band area of the Bollinger Bands, constantly testing the pressure strength of the upper band; at the same time, the three bands of the Bollinger Bands are gradually diverging upwards, showing that the bullish strength is slowly leading the market upward, with the overall short-term trend leaning towards positivity. In the afternoon, we can focus on the low long strategy.

Bitcoin: Long around 114300-114600, target around 115500

Ethereum: Long around 3680-3700, target around 3750-3780