2.23 Sunday Bitcoin and Ethereum Midnight Analysis:
From the current market perspective, Bitcoin's trend is still in a period of oscillation and adjustment. Currently, market sentiment is low, and it has failed to effectively break through the upper resistance level.
From the 4-hour chart, the Bollinger Bands are showing a parallel state, with prices hovering below the middle band, indicating that bullish momentum is somewhat weak, and a further pullback may be needed in the short term to accumulate energy.
Despite the deadlock, we remain steady at midnight, maintaining our strategy of buying on dips.
Bitcoin: 96200-95800 range to the downside, targeting 98000-98500 upwards.
Ethereum: 2760-2740 range to the downside, targeting 2820-2870.