The Bitcoin hourly chart shows a fluctuating but strong characteristic. Although it encountered resistance and retreated after breaking through the 119,000 mark, the extent of the pullback was limited, and it did not form a sustained downward trend. Bears have not been able to expand their gains, while bulls quickly regained lost ground, indicating that the current divergence between bulls and bears is intensifying, with bulls still holding the initiative in upward momentum.
Ethereum's strength is even more pronounced, with bulls continuing to exert force, and the price steadily advancing towards the upper Bollinger Band. The MACD indicator's fast and slow lines maintain a golden cross upward, positively responding to the price trend, further consolidating the bullish dominance.
It is recommended to buy Bitcoin around 1180-1185, targeting around 1197-1207!
For Ethereum, buy around 4220-4260, targeting around 4330-4400!