8.6 Early Morning BTC-ETH Latest Market Update

Yesterday's trading during the day maintained a volatile pattern, and in the evening, with the opening of the US stock market, there was a sell-off action. BTC stabilized after falling below the 113000 mark, showing strong support around 111900, but the momentum afterwards was insufficient.

From the 4-hour chart, the market has stopped declining and is warming up. The Bollinger Bands are opening upwards, with prices continuously testing the middle band. In the evening, the market experienced back-and-forth tug-of-war, which belongs to a phase of corrective trading, with a focus on low volatility to follow.

BTC 112800-113300 range, looking at 1145-1155

ETH 3540-3560 range, looking at 3650-3700