The bullish pattern on the 4-hour level is solid, with prices being constrained by the upper Bollinger Band, resulting in a healthy adjustment. The ascending channel formed by the middle and upper bands is intact, with the middle band providing dynamic support that continues to be effective. The core support has not been broken, so a strong bullish outlook is warranted; in terms of operations, one can look to establish long positions after a pullback. Operation Suggestions Long positions near the range of 90200-90700, with targets around 92200-92700. Place long positions near 2950-2980, target around 3150-3180 #BTC #ETH
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Morning Analysis
The bullish pattern on the 4-hour level is solid, with prices being constrained by the upper Bollinger Band, resulting in a healthy adjustment. The ascending channel formed by the middle and upper bands is intact, with the middle band providing dynamic support that continues to be effective. The core support has not been broken, so a strong bullish outlook is warranted; in terms of operations, one can look to establish long positions after a pullback.
Operation Suggestions
Long positions near the range of 90200-90700, with targets around 92200-92700.
Place long positions near 2950-2980, target around 3150-3180 #BTC #ETH