#BTC Currently, Bitcoin and Ethereum are indeed in a critical short-term consolidation zone. Market technical signals are mixed, and determining the short-term direction requires close attention to several key price levels.
On the four-hour level, after experiencing a period of fluctuation and consolidation, the bears suddenly gained strength and broke through the middle band of the Bollinger Bands, causing the price to rise above the lower band. Currently, the bearish volume has significantly weakened, and signs of a price rebound have appeared. At the same time, the three bands of the Bollinger Bands are still in a contracted state, which is expected to further compress the downside space, and the expectation for a rebound in the future market is increasing. On the one-hour level, the market briefly increased in volume and broke below the lower band of the Bollinger Bands, but currently, the RSI and KDJ lines have all turned upwards, and the price is warming up simultaneously, indicating that the bearish momentum has been released in stages. Overall, the bearish volume may have come to an end, and short-term sentiment is gradually transitioning towards a rebound. Midnight operations can focus on bullish rebound opportunities. #ETH
Bitcoin can be bought in the range of 94500-94300, looking at 96500. Ethereum can be bought in the range of 3260-3230, looking at 3350.
On the four-hour level, after experiencing a period of fluctuation and consolidation, the bears suddenly gained strength and broke through the middle band of the Bollinger Bands, causing the price to rise above the lower band. Currently, the bearish volume has significantly weakened, and signs of a price rebound have appeared. At the same time, the three bands of the Bollinger Bands are still in a contracted state, which is expected to further compress the downside space, and the expectation for a rebound in the future market is increasing. On the one-hour level, the market briefly increased in volume and broke below the lower band of the Bollinger Bands, but currently, the RSI and KDJ lines have all turned upwards, and the price is warming up simultaneously, indicating that the bearish momentum has been released in stages. Overall, the bearish volume may have come to an end, and short-term sentiment is gradually transitioning towards a rebound. Midnight operations can focus on bullish rebound opportunities. #ETH
Bitcoin can be bought in the range of 94500-94300, looking at 96500. Ethereum can be bought in the range of 3260-3230, looking at 3350.
