Daily Timeframe

The price has formed a bullish engulfing rebound structure, recovering from the previous quick drop, and is slowly approaching the upper band. The daily level is in a bottoming rebound cycle, with the bullish recovery rhythm continuing.

Four-Hour Timeframe

A strong bullish candle has surged, with the price running above the upper band. The Bollinger Bands continue to expand, opening up an upward channel; the MACD energy bars are synchronously strengthening, and the upward momentum is still being released, indicating a clear short-term upward trend.

Trading Strategy

Focus primarily on short-term thinking, relying on the trend to take short-long positions:

• Bitcoin: Enter long positions in the range of 117500 - 118000, targeting around 120000, and pay attention to the breakout situation at resistance levels.

• Altcoin: Enter long positions near 4200, targeting around 4350, and strictly manage position size and stop-loss protection. $BTC $ETH