$BTC From a technical perspective, Bitcoin is currently operating between the middle and upper bands of the Bollinger Bands. Previously, it tested the lower band and found support, and is now trying to break through the upper band but is facing resistance; the MACD shows a bullish crossover in the low position and is diverging upwards, with the histogram changing from negative to positive and expanding, indicating a short-term strengthening of bullish momentum. However, the DIF and DEA are still in negative territory, and a trend reversal needs confirmation; the price movement has experienced a bottoming out and rebound, with the rebound accompanied by volume but not significantly increasing, limiting the bullish attack strength. Overall, in the short term, the two major cryptocurrencies are rebounding off the lower band, and the MACD is releasing bullish signals, but there is resistance at the upper band and previous high points, and the volume is insufficient. If the upper band is broken with corresponding indicators and volume, it may open up upward space; conversely, attention should be paid to the support at the middle and lower bands to guard against weak fluctuations or a second bottom test.
Bitcoin recommendation: Buy near 112800-113000 with targets of 114000-114500
Ethereum recommendation: Buy near 4200-4220 with targets of 4320-4350
