Yesterday's price comparison witnessed a historical high of 600,000. In the early morning, the price plunged sharply, dropping to a low of 90,200, with Ethereum also falling to 3,615, then quickly rebounding to the 97,000 range and starting to fluctuate.
From the 4-hour chart, the Bollinger Bands are narrowing downwards. The market has now rebounded above the middle band of the Bollinger Bands. At this point, the MACD moving average starts to turn upwards. From a short-term perspective, it still maintains a weak characteristic and has entered a range of consolidation and recovery.
Morning suggestions for Bitcoin: around 96,500-97,000, target 98,600, then look at 100,000.
Suggestions for Ethereum: around 3,780-3,800, target 3,900, then look at 4,000.
