The afternoon thoughts are not much different from the ideas presented at noon. Overall, the prices of BTC and ETH experienced continuous declines in the morning, only to gain a certain rebound by noon. However, after the rebound appeared, they started to decline again, fluctuating downwards. Now, the prices have dropped to the middle band of the Bollinger Bands on the hourly chart, and we need to pay attention to whether this middle band can stop the downward trend. If it cannot halt the decline and breaks through the middle band, this downward movement will likely continue strongly, with BTC probably falling below the 110,000 mark again and ETH dropping to around the 4,500 mark.

From a technical perspective, on the 4-hour chart, the price is under pressure after reaching the middle band of the Bollinger Bands, and it has started to fluctuate downwards. Looking at the hourly chart, the price has already broken through the middle band of the Bollinger Bands and is heading towards the 110,000 mark. Technically, a head-and-shoulders pattern is quietly emerging, and we can rely on the lower band of the Bollinger Bands on the hourly chart to make a strategic entry.

Trading suggestions:

Bitcoin 109,500-110,000 range, targeting 111,500, with key attention on the 110,000 mark and the situation above 111,000.

Ethereum 4,510-4,550 range, targeting 4,650, with key attention on the resistance level at 4,600.

Friends who follow this strategy should strictly set stop-losses; please set your own. No trading without a stop-loss! $BTC #ETH走势分析