Currently, the price of Bitcoin is in a slight pullback state. After the pullback to a certain extent, it has been hovering and will remain in a consolidation phase in the short term, storing strength for the next rebound. We can continue to hold long positions.
Around 105000 long Target 107000
Ethereum has been steadily rising since the morning and is currently in a slight fluctuation in a high price range, also entering a brief consolidation phase. From the four-hour perspective, Ethereum has been continuously testing the upper Bollinger Band, with strong momentum for long positions. From the hourly level, the price has broken through the upper band, but has not stayed above, indicating strong resistance at the upper band. The current pullback and consolidation is a normal phenomenon, preparing for a better breakthrough next time. In the afternoon, we will position ourselves with a strategy of buying low and selling high for long positions.
Around 2600 for Ethereum long Target 2750
