#Bitcoin Ethereum Market Update#
This morning, BTC and ETH showed divergence! Bitcoin surged to 108,865 before plummeting to 106,079, rebounding at 106,500; Ethereum experienced a pullback in the early hours before a strong rally of nearly a hundred points, perfectly hitting the rhythm!
The technical indicators are extremely strong✨, with the 4-hour chart KDJ and MACD oscillating upward, MA5 and MA10 moving averages continually rising, RSI oscillating at high levels, and volume (VOL) simultaneously increasing. ETH has triggered a green TD2 upward signal, stabilizing above the middle Bollinger band! The Bollinger channel is continuously expanding, and larger volatility may be on the way!
Combining the daily candlestick and short-term trends, there is a high probability of continued oscillation upwards within the day, with a key focus on the strong resistance level of ETH at 2660 USD! Evening trading suggestions are to primarily go long at lower levels, seizing the opportunity to position at low points, as the market is heating up, don’t miss out!
Evening Suggestions
Bitcoin 105000-105500 bullish looking up to 108000
Ethereum 2530-2550 bullish looking up to 2650
