From the hourly chart, the bullish momentum is showing a shrinking trend, and the KDJ indicator is running downwards, which indicates a downward trend in the market in the short term. However, switching to the four-hour chart perspective, the situation is different.
The bearish momentum of the MACD is gradually diminishing and is about to turn into bullish momentum. Meanwhile, the three lines of the KDJ are diverging upwards, showing strong upward momentum, and the price of Bitcoin has steadily moved from the middle band of the Bollinger Bands towards the upper band.
Bitcoin pullback: near 83300-83800, looking up to 85500
Ether pullback: near 1530-1550, looking up to 1650