8.4 Evening BTC-ETH Latest Market Situation
Currently, on the daily chart, after six consecutive bearish days, yesterday closed with a bullish candle, indicating a buildup of momentum that has driven the price steadily upward. The previous downward trend has been terminated, successfully breaking upward, and after previously falling below the lower Bollinger Band, the price is gradually stabilizing and moving towards the middle band.
From the 4-hour chart, the bulls have a slight advantage, with a clear breakout trend. The price has broken above the middle band, stabilizing and expanding upward space. Subsequently, a low pullback can be expected.
BTC 1137-1142 range, target 1150-1160
ETH 3520-3550 range, target 3600-3650
