(8、9 Night Market Analysis Strategy)The four consecutive bullish candles on the four-hour chart are particularly striking, with bullish momentum continuing to be released. The price has strongly broken through multiple resistance zones, forming a clear one-sided upward trend. More importantly, during this process, the bears have consistently failed to organize an effective counterattack, and not even a decent pullback has occurred, highlighting the strong control the bulls currently have. Switching to the hourly level, the market is approaching the upper Bollinger Band along a stair-step trajectory, with the MACD dual lines continuously moving upward and the red bars lengthening. Bullish energy continues to accumulate in the positive territory, and the strong tone remains unchanged. However, it is worth noting that the current price has seen a slight pullback, and the KDJ three lines have entered the overbought area after forming a golden cross, showing signs of a downward turn. This indicates that the probability of a short-term correction has increased. Therefore, morning operations can first observe the strength of the pullback, and after the support level stabilizes, then position for long orders.
Bitcoin $BTC
Direction: Long
Suggestion: Long range around 116300-115800
Target: Target around 119000
Ethereum: $ETH Long
Suggestion: Long range around 3870-3850
Target: Target around 4000
Keep an eye on the market; targets are merely a guide! They cannot be considered absolute values!
The market is volatile; operate flexibly! Preserve profits to go further!