Analysis in the early morning of August 11

Looking back at the night, the big pancake started moving upwards from the 117800 line, reaching around 119100 at its peak, and then entered a short-term consolidation phase, overall displaying a rhythm of "surge - consolidation".

From the hourly Bollinger Bands perspective, it shows a typical "expanding upward structure": the bands are continuously widening, indicating that short-term volatility is increasing, while all three lines maintain an upward slope, a formation that usually corresponds to a strong continuation phase of the trend.

The big pancake has consistently relied on the middle band for upward movement, with no effective break below the middle band observed, indicating that short-term buying power is relatively strong.

Therefore,

The big pancake can be positioned around the 118000-117500 range,

Target can be seen around the 119000-120000 range.

The second pancake can be positioned around the 4180-4120 range,

Target can be seen around the 4320-4380 range #ETH走势分析 #特朗普加密新政 $BTC $ETH