On Friday evening, Powell released interest rate cut expectations, and Bitcoin rose from 111700 to 117397, while Ethereum increased from 4208 to 4848. This month, all VIP members have doubled their positions, and even new entrants have made 100,000 oil.
Currently, Ethereum's short-term price has surged sharply, closing with positive candles, and its price is between the middle and upper bands of the Bollinger Bands (strong area); Bitcoin is rising quickly with a series of positive candles, with bulls in control. Both are near the upper band of the Bollinger Bands, which may face pressure in the short term, so it is recommended to enter after a pullback.
Ethereum is currently in a consolidation phase, with a buy opportunity between 4650-4700, targeting 4900; for Bitcoin, if it retraces to 116000-116100, it is a buy opportunity, targeting 118500-119000. #杰克逊霍尔会议