$BTC Reviewing the morning market, BTC rebounded from the 90954 low and surged strongly to a high of 93554; ETH followed the move, climbing from the 2983 low and reaching up to around 3069, showing an overall strong trend.
From the daily chart perspective, after rebounding off the lower Bollinger Band, the current price has firmly stood above the middle Bollinger Band and formed a bullish engulfing candle with increased volume. The middle band has now become an important short-term support line, while the price is advancing toward the upper Bollinger Band. This suggests that the downward momentum on the daily level is exhausted, and the rebound momentum is steadily accumulating. This rebound is accompanied by a significant increase in trading volume, further supporting the expectation that the Bollinger Bands are about to expand and volatility will increase. On the four-hour chart, the price is gradually approaching the upper Bollinger Band as it rises, with the bands showing signs of slow expansion, indicating increased price volatility and gradually released bullish momentum. On the one-hour chart, after breaking above the middle Bollinger Band with increased volume, the price has been moving between the middle and upper bands. The current bands are slightly expanding, moving averages are arranged in a bullish pattern, and the short-term uptrend is obvious. With the price near the upper Bollinger Band on the hourly level, there is still potential for further upward movement. The bullish outlook is expected to continue in the afternoon.
Trading suggestions: Go long on BTC around 92500, targeting 94500. Go long on ETH around 3030, targeting 3150. #今日你看涨还是看跌?
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$BTC Reviewing the morning market, BTC rebounded from the 90954 low and surged strongly to a high of 93554; ETH followed the move, climbing from the 2983 low and reaching up to around 3069, showing an overall strong trend.
From the daily chart perspective, after rebounding off the lower Bollinger Band, the current price has firmly stood above the middle Bollinger Band and formed a bullish engulfing candle with increased volume. The middle band has now become an important short-term support line, while the price is advancing toward the upper Bollinger Band. This suggests that the downward momentum on the daily level is exhausted, and the rebound momentum is steadily accumulating. This rebound is accompanied by a significant increase in trading volume, further supporting the expectation that the Bollinger Bands are about to expand and volatility will increase. On the four-hour chart, the price is gradually approaching the upper Bollinger Band as it rises, with the bands showing signs of slow expansion, indicating increased price volatility and gradually released bullish momentum. On the one-hour chart, after breaking above the middle Bollinger Band with increased volume, the price has been moving between the middle and upper bands. The current bands are slightly expanding, moving averages are arranged in a bullish pattern, and the short-term uptrend is obvious. With the price near the upper Bollinger Band on the hourly level, there is still potential for further upward movement. The bullish outlook is expected to continue in the afternoon.
Trading suggestions: Go long on BTC around 92500, targeting 94500.
Go long on ETH around 3030, targeting 3150. #今日你看涨还是看跌?