In the early hours, this wave of Ethereum's market again precisely grasped the situation, successfully capturing a space of 65 points. Recently, making profits in this market only requires following the right direction, as easy as drinking water, with no operational difficulty. Still hesitating whether to enter the market? Others have already eaten their fill. Their pockets are already overflowing!
From the hourly K-line trend analysis, both Bitcoin and Ethereum currently show a strong bullish dominance. Bitcoin's K-line continuously impacts the upper Bollinger Band with strong momentum, leading to a sustained upward divergence of the Bollinger Band, indicating a strong bullish sentiment in the market, with the bulls continuously gaining strength. At the same time, long lower shadows keep appearing, showing that there is strong buying support near the current price level, making it difficult for the bears to break the current bullish pattern and achieve a downward breakthrough. Ethereum, on the other hand, is showing a strong one-sided trend, with the K-line having strongly broken through the upper Bollinger Band, guiding the three Bollinger Bands to continuously rise, demonstrating the dominance of the bulls. For the subsequent layout, we will continue with the early morning strategy, laying out long positions by buying low and selling high.
Operation suggestion: Bitcoin around 119,000 target 121,000 stop loss 118,500
Operation suggestion: Ethereum around 3,310 target 3,450 stop loss 3,250
