9.10 Evening Analysis
Looking back at the afternoon, Bitcoin started from the 111300 line, and after touching around 112800, it experienced a pullback due to short-term pressure.
From the hourly Bollinger Bands perspective, the upper band and the middle band have simultaneously turned upwards and diverged, with a slight increase in the opening amplitude. This indicates that short-term bullish momentum had dominated, but overall it is still under pressure from the upper band.
The pullback after the rise is more influenced by short-term pressure near the upper band and some profit-taking, which further confirms the fact that the rise was blocked.
Therefore
Bitcoin can be around 113000, 113700
↓ look at 111500-110800
Ethereum can be around 4370, 4440
↓ look at 4260-4200
