$ETH From a technical perspective, Bitcoin is currently operating between the middle and upper bands of the Bollinger Bands. Previously, it found support at the lower band; it is now attempting to push towards the upper band but is encountering pressure. The MACD shows a low-level golden cross and is diverging upwards, with the histogram turning positive and expanding, indicating a short-term increase in bullish strength. However, both the DIF and DEA remain in negative territory, and a trend reversal needs confirmation. The price action has experienced a rebound after reaching a bottom; there is volume support for the rebound, but it has not significantly increased, limiting the bullish attack. Overall, in the short term, the two major cryptocurrencies are rebounding off the lower band, and the MACD is releasing bullish signals. However, there is pressure at the upper band and previous highs, along with insufficient volume. If it breaks through the upper band with accompanying indicators and volume, it may open up upward space; otherwise, attention should be paid to the middle and lower band support to guard against weak fluctuations or a second bottom test.
Bitcoin suggestion: Buy near 112800-113000, target 114000-114500
Ethereum suggestion: Buy near 4200-4220, target 4320-4350
