8.8 Friday Early Morning Analysis
Yesterday we focused on low buying, and the target was accurately reached, resulting in a bountiful harvest.
The 4-hour K-line is steadily rising, climbing along the upper band of the Bollinger Bands, with strong bullish momentum. The three lines of the Bollinger Bands are simultaneously trending upwards, confirming the continuation of the trend. The trading volume has increased in a stepped manner, breaking through resistance levels with a surge, having surpassed the previous consolidation range, thus opening up space above. There may be a technical pullback in the short term, but the ascending channel remains intact, with the main trend still bullish.
BTC: Buy around 1158—1161 Target at 1170
ETH: Buy around 3780—3800 Target at 3880
