【Latest Operation Analysis of Bitcoin and Ethereum】
From the current market perspective, although there is a short-term pullback, the key support level remains effective. There is a clear buying interest around the price of 114,500, and the KDJ indicator is starting to flatten at a low level, indicating that upward momentum is weakening.
Although the MACD green bars are expanding, the fast and slow lines are nearing the oversold area. A contraction near the lower Bollinger Band indicates that selling pressure is easing. In this position, it is not advisable to overly expect upward movement; instead, focus on rebound opportunities.
It is recommended to maintain a light position and set strict stop-losses.
Personal suggestion for Bitcoin: 114500-114000 range
Target: 116000-118000
For Ethereum: 4730-4700 range
Target: 4800-4900
