Remember: It oscillates, you stay steady; it breaks out, you keep up; it pulls back, you manage your stop loss well. The current grind is all about making the indecisive get off the bus. So, do you want to be the one who gets thrown off, or the one who sits tight? Looking back, Ethereum continues its upward trend from the evening, entering around 3899 and exiting near 4000, precisely grasping the rhythm and perfectly executing the bullish strategy. Perfectly capturing a 100-point range!
The four-hour level shows that after a slight price pullback, the downward momentum has slowed, entering a tug-of-war phase between bulls and bears, with volatility narrowing. However, the Bollinger Bands are opening upwards and the middle band is continuously rising, indicating that the current adjustment has not undermined the overall bullish trend. The one-hour chart displays a stepwise upward approach to the upper band, with the MACD dual lines steadily climbing above the zero axis, and bullish momentum continues to accumulate, maintaining a strong momentum. It should be noted that the current price has seen a pullback, and after the KDJ golden cross, all three lines have entered the overbought zone and are turning downwards, increasing the probability of a short-term pullback. In terms of operation, it is recommended to first observe the pullback strength and support situation, maintain a low bullish mindset, and look for entry opportunities after stabilization.
Bitcoin can be bought near 116000-115500 with a target of 118500. Ethereum can be bought near 3900 with a target of 4000$BTC $ETH .