Morning Silk Road
After a significant surge in the market last night, there has been a slight pullback, which is a normal phenomenon. After a big explosion, there is always a minor pullback to prepare for the next breakthrough.
From the four-hour level, the Bollinger Bands are still expanding, and the middle and upper bands are showing an upward trend, indicating that the market's bullish trend is still dominant. From the hourly level, the Bollinger Bands are showing a convergence trend, which also indicates that the market is in a short-term consolidation phase. The lower middle band is showing an upward trend, proving that the bullish trend is still guiding the market direction. In the morning layout, we continue to adopt a high sell and low buy strategy.
Bitcoin in the 108500-108000 range Target at 11
Ethereum around 2550 Target at 2700#BTC☀