Midday Market Analysis Strategy
From the current perspective, Bitcoin has pulled back from a high of 110,000 but remains above the key support level of 10,700, showing strong resilience.
From a technical standpoint, the Bollinger Bands are slightly narrowing, suggesting possible fluctuations or minor pullbacks near the upper band, which may indicate that the market is facing short-term adjustment risks.
Meanwhile, the MACD double line has completed a golden cross below the zero axis, continuing to approach the zero axis, and the area of the red bars is steadily increasing, indicating that the bullish momentum is accelerating.
Operational Suggestions
Bitcoin: Buy near 107,500, target around 108,500
Ethereum: Buy near 2,730-2,700, target around 2,785