Morning Suggestions
Based on the Bollinger Bands indicator in the 4H level chart of Bitcoin, the middle band is showing a sideways trend, indicating that the current market is in a consolidation phase. The upper and lower bands are slightly narrowing, suggesting that market volatility is decreasing in the short term, and prices may oscillate within the range of the upper and lower bands. However, the price has slightly broken through the middle band, implying a possibility of testing the upper band in the short term. Additionally, based on the KDJ indicator in the 4H level chart of Bitcoin, the K-line and D-line values have formed a golden cross signal in the oversold area, and the J-line value has broken above the 80 line, entering the overbought area, indicating that there may be some pullback pressure in the short term. However, the overall trend still leans towards bullish.
Bitcoin Strategy: Buy around 93800, target 95800
Ethereum Strategy: Buy around 3250, target 3350
