$BTC $ETH #ETH突破4400 #CPI数据来袭 #机构疯抢以太坊 After waking up, the price of Bitcoin surged to 4639 with no signs of a pullback! The rise in the early morning was surprising, and Feige's thoughts were quickly validated. Although I couldn't wake up in time this morning, let's analyze the subsequent market trends.
Bitcoin (Big Cake) has shown a certain pullback as expected, with the K-line closely following the middle track of the Bollinger Bands. From the perspective of the 8-hour and daily charts, the market is still in an upward trend, with the bulls still in control. On the 4-hour chart, the current pullback may continue and is expected to dip to around 119000. At that time, one could consider a pullback operation to seize the opportunity for the bulls' layout.
Ethereum (Auntie) shows a bullish dominance both in the short and long term, and is quite strong, with trading volume continuing to expand. However, after reaching 4639, the price began to face some pressure and fell back, undergoing a slight technical pullback. Feige suggests waiting for a pullback before making a layout; long positions can enter after the pullback, while short positions should be temporarily disregarded.
Operational Suggestions:
- Bitcoin can be bought in the range of 118700-119200, with a target of 121000
- Ethereum can be bought in the range of 4530-4560, with a target of 4650